Jargon buster

3 terms

ALB

Arms length body

AME

Annually Managed Expenditure

Expenditure that is relatively volatile and largely demand-led, which cannot reasonably be given firm, multi-year limits in the same way as DEL. AME includes social security benefits, local authority self-financed expenditure, debt interest and payments to EU institutions. Levels of AME spending are normally forecast rather than targeted.

 

AWDL

Average working days lost