noun \ˈbə-jət\

: an amount of money available for spending that is based on a plan for how it will be spent

: a plan used to decide the amount of money that can be spent and how it will be spent

: an official statement from a government about how much it plans to spend during a particular period of time and how it will pay for the expenses

Full Definition of BUDGET

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



: to plan to spend (an amount of money) for a particular purpose

: to make and follow a plan for spending your money

: to plan how to use (something, such as your time)

Full Definition of BUDGET

transitive verb
a :  to put or allow for in a budget
b :  to require to adhere to a budget
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


Other Business Terms

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



: low in price : suitable for someone who is on a budget

Full 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



Next Word in the Dictionary: budgeteer
Previous Word in the Dictionary: budgerow
All Words Near: budget

Seen & Heard

What made you want to look up budget? Please tell us where you read or heard it (including the quote, if possible).

Get Our Free Apps
Voice Search, Favorites,
Word of the Day, and More
Join Us on FB & Twitter
Get the Word of the Day and More