budget


1bud·get

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

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

2budget

verb

: 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
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

Other Business Terms

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

3budget

adjective

: 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

1941

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