budget

¹bud·get

noun \ˈbə-jət\

Definition of BUDGET

1

chiefly dialect : a usually leather pouch, wallet, or pack; also : its contents

2

: stock, supply

3

: a quantity (as of energy or water) involved in, available for, or assignable to a particular situation; also : an account of gains and losses of such a quantity <the global carbon budget>

4

a : a statement of the financial position of an administration for a definite period of time based on estimates of expenditures during the period and proposals for financing them

b : a plan for the coordination of resources and expenditures

c : the amount of money that is available for, required for, or assigned to a particular purpose

— bud·get·ary \ˈbə-jə-ˌter-ē, -ˌte-rē\ adjective

Examples of BUDGET

1. What's the average weekly budget for a family of five?
2. The film has a million-dollar budget.
3. He's been trying to live on a budget of less than $1,500 a month.
4. We'll have to work out a budget so we can buy a new car.

Origin of BUDGET

Middle English bowgette, from Middle French bougette, diminutive of bouge leather bag, from Latin bulga, of Celtic origin; akin to Middle Irish bolg bag; akin to Old English belg bag — more at belly

First Known Use: 15th century

Related to BUDGET

Synonyms

account, fund, deposit, kitty, nest egg, pool

Related Words

chest, coffer(s); assets, savings, savings account; bankroll, cache, collection, cushion, hoard, pocketbook, reserve, treasure; petty cash, pin money, pocket money, spending money

²budget

verb

Definition of BUDGET

transitive verb

1

a : to put or allow for in a budget

b : to require to adhere to a budget

2

a : to allocate funds for in a budget <budget a new hospital>

b : to plan or provide for the use of in detail <budgeting manpower>

intransitive verb

: to put oneself on a budget <budgeting for a vacation>

Examples of BUDGET

1. They budgeted millions of dollars to make the film.
2. The project is budgeted at more than $100,000.
3. He budgets $50 for entertainment each month.
4. If we budget carefully, we will be able to go on the trip.
5. I need to learn how to budget my time more wisely.

First Known Use of BUDGET

1618

Related to BUDGET

Synonyms

arrange, blueprint, plan, calculate, chart, choreograph, design, frame, lay out, map (out), organize, prepare, project, scheme (out), shape, strategize (about)

Related Words

conspire, contrive, devise, intrigue, machinate, plot, put up; concert, get up; draft, outline, sketch; aim, figure, have on, intend, mean; contemplate, meditate, premeditate

Other Business Terms

amortize, caveat emptor, clearinghouse, divest, due diligence, emolument, green-collar, marque, overhead, perquisite

³budget

adjective

Definition of BUDGET

: suitable for one on a budget : inexpensive

Examples of BUDGET

1. <a budget phone plan for people on fixed incomes>

First Known Use of BUDGET

1941

Related to BUDGET

Synonyms

affordable, bargain-basement, cheap, cheapie, cheapo, chintzy, cut-price [chiefly British], cut-rate, dime-store, dirt cheap, el cheapo, inexpensive, low, low-end, popular, reasonable

Antonyms

costly, dear, deluxe, expensive, high, high-ticket, precious, premium, pricey (also pricy), spendy [chiefly Northwest], valuable

Related Words

cheapish, moderate; discount, discounted, fire-sale, lowered, reduced; wholesale; valueless, worthless; supercheap, ultracheap

Near Antonyms

increased, inflated; exorbitant, extravagant, overpriced, prohibitive, prohibitory, steep, stiff, superexpensive, ultraexpensive, unreasonable; invaluable, priceless; luxurious