- an estimate, often itemized, of expected income and expense for a given period in the future.
- a plan of operations based on such an estimate.
- an itemized allotment of funds, time, etc., for a given period.
- the total sum of money set aside or needed for a purpose: the construction budget.
- a limited stock or supply of something: his budget of goodwill.
- Obsolete. a small bag; pouch.
- reasonably or cheaply priced: budget dresses.
- to plan allotment of (funds, time, etc.).
- to deal with (specific funds) in a budget.
- to subsist on or live within a budget.
Origin of budget
- an itemized summary of expected income and expenditure of a country, company, etc, over a specified period, usually a financial year
- 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
- a restriction on expenditure (esp in the phrase on a budget)
- (modifier) economical; inexpensivebudget meals for a family
- the total amount of money allocated for a specific purpose during a specified period
- archaic a stock, quantity, or supply
- (tr) to enter or provide for in a budget
- to plan the expenditure of (money, time, etc)
- (intr) to make a budget
Word Origin for budget
- the Budget 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
early 15c., "leather pouch," from Middle French bougette, diminutive of Old French bouge "leather bag, wallet, pouch," from Latin bulga "leather bag," of Gaulish origin (cf. Old Irish bolg "bag," Breton bolc'h "flax pod"), from PIE *bhelgh- (see belly (n.)). Modern financial meaning (1733) is from notion of treasury minister keeping his fiscal plans in a wallet. Another 18c. transferred sense was "bundle of news," hence the use of the word as the title of some newspapers.
"to include in a (fiscal) budget," 1884, from budget (n.). Related: Budgeted; budgeting.