What is rolling budget?

Rolling budget can be diffiend as: Budget or plan that is always available for a specified future period by adding a period ( month, quarter or year ) to the period that just ended. also called CONTINUOUS BUDGET Rolling budget is a budget prpared with a fixed planning horizon.To achieve this, the budget is constantly being added to at the same rate as time is passing.it's very useful for companies experiencing rapid change, as they require forecasting for much shorter time periods.