budget

American  

[buhj-it] / ˈbʌdʒ ɪt /

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.

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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 British  

/ 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

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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 British  

/ 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

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Other Word Forms

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

Etymology

Origin of budget

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

Example Sentences

County Sheriff’s Department faced budget cuts, leadership departures and legal challenges this year, creating uncertainty about their future.

From Los Angeles Times

On Monday First Minister Michelle O'Neill said executive ministers were obliged to do all they could to agree a multi-year budget.

From BBC

The budget deficit for December is due at 2 p.m.

From MarketWatch

With his wife also earning a low amount, the household budget can be a challenge.

From BBC

House prices are already posting small falls across Southern England, reflecting high supply and uncertainty over taxes in the autumn budget.

From The Wall Street Journal

Related Words

• account
• allocation
• cost
• total