budget

[buhj-it]

noun

1. an estimate, often itemized, of expected income and expense for a given period in the future.

2. a plan of operations based on such an estimate.

3. an itemized allotment of funds, time, etc., for a given period.

4. the total sum of money set aside or needed for a purpose.

   the construction budget.

5. a limited stock or supply of something.

   his budget of goodwill.

6. Obsolete.,  a small bag; pouch.

adjective

1. reasonably or cheaply priced.

   budget dresses.

verb (used with object)

budgeted, budgeting 

1. to plan allotment of (funds, time, etc.).

2. to deal with (specific funds) in a budget.

verb (used without object)

budgeted, budgeting 

1. to subsist on or live within a budget.

budget

¹

/ ˈbʌdʒɪt /

noun

1. an itemized summary of expected income and expenditure of a country, company, etc, over a specified period, usually a financial year

2. an estimate of income and a plan for domestic expenditure of an individual or a family, often over a short period, such as a month or a week

3. a restriction on expenditure (esp in the phrase on a budget )

4. (modifier) economical; inexpensive

   budget meals for a family

5. the total amount of money allocated for a specific purpose during a specified period

6. archaic,  a stock, quantity, or supply

verb

1. (tr) to enter or provide for in a budget

2. to plan the expenditure of (money, time, etc)

3. (intr) to make a budget

Budget

²

/ ˈbʌdʒɪt /

noun

1. an estimate of British government expenditures and revenues and the financial plans for the ensuing fiscal year presented annually to the House of Commons by the Chancellor of the Exchequer

Other Word Forms

• budgetary adjective
• budgeter noun
• nonbudgetary adjective
• prebudget noun
• prebudgetary adjective
• pro-budgeting adjective
• rebudget verb (used with object)
• unbudgeted adjective

Word History and Origins

Origin of budget¹

First recorded in 1400–50; late Middle English bowgett, from Middle French, bougette, from bouge “bag” (from Latin bulga; bulge ) + -ette -ette )

Word History and Origins

Origin of budget¹

C15 (meaning: leather pouch, wallet): from Old French bougette , diminutive of bouge , from Latin bulga , of Gaulish origin; compare Old English bælg bag

Example Sentences

The French government is trying to push through a compromise budget in the coming days, “and we will see how that goes,” the senior economist says.

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He has also applied for EU funding to build bomb shelters after residents of three villages recently voted to build them using budget funds.

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The legislation takes effect immediately and was expected to pass after Newsom signed a budget this year that allocates $10 million for incarcerated firefighters’ wages.

Read more on Los Angeles Times

Built on the Canadian government’s tab but involving U.S. oversight, the bridge had a budget at project launch in 2017 of $4.4 billion.

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In certain cases, people are reporting that their candy budgets are now $200 or more.

Read more on MarketWatch

Related Words

• account 
• allocation 
• cost 
• total