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

"A lot of those who didn't come back represent an old way of thinking," said Richard Stern, a Heritage economic policy director who, like Vought, began his career in conservative congressional budget circles.

From BBC

Most county departments have had to trim their budgets to ensure the government stays solvent.

From Los Angeles Times

“The state is making lawful, transparent budget choices to invest in health coverage with its own dollars,” Ramos-Yamamoto said in a statement to The Times.

From Los Angeles Times

He insists that Democrats are refusing to support a Republican budget bill because “they want to give hundreds of billions of dollars of health care benefits to illegal aliens.”

From Salon

On Thursday, India's biggest budget airline IndiGo said that it would restart direct flights between the cities of Kolkata and Guangzhou from 26 October.

From BBC

Related Words

• account 
• allocation 
• cost 
• total