WATCH: Ahead of Budget 2016, we decode the top 5 jargons for you!

The grand spectacle of the business world is upon us this February. We're just two weeks away from Finance Minister Arun Jaitley launching the Union Budget 2016 on February 29.

A lot of hopes and expectations are pinned on this year's budget with it being hailed as a momentous one that will set the ball rolling for the path towards India attaining great heights!

But, there's also another side to it- that is the dull and difficult to understand jargons that accompany the Budget season.

But, fret not. That is a thing of the past for now.

In a bid to simplify the happenings of the Budget, we at Business Insider made an exclusive video to help demystify the meaning behind five jargons that are bound to be used in plenty on February 29 from the newspapers, social media to TV.

Watch our guide and stop feeling like you understand nothing anymore!