budget

noun
bud·​get | \ ˈbə-jət How to pronounce budget (audio) \

Definition of budget

 (Entry 1 of 3)

1 chiefly dialectal : 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 the A-bomb … yields its budget of energy … in a fraction of a secondScientific American Reader also : an account of gains and losses of such a quantity the global carbon budget

4 finance

a : a statement of the financial position of an administration (as of a nation) 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 develop a budget for her company
c : the amount of money that is available for, required for, or assigned to a particular purpose a weekly budget for a family of five a budget of less than $3000

budget

verb
budgeted; budgeting; budgets

Definition of budget (Entry 2 of 3)

transitive verb

1a : to put or allow for in a statement or plan coordinating resources and expenditures : to put or allow for in a budget budgeted $200 a month to pay back student loans funds budgeted by the administration for the project
b : to require to adhere to a budget Budget yourself wisely.
2a : to allocate funds for in a budget budget a new hospital
b : to plan or provide for the use of in detail budgeting manpower Budget your time wisely.

intransitive verb

: to put oneself on a budget budgeting for a vacation

budget

adjective

Definition of budget (Entry 3 of 3)

: suitable for someone whose is following a plan for coordinating resources and expenditures : suitable for one on a budget (see budget entry 1) : inexpensive

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Other Words from budget

Noun

budgetary \ ˈbə-​jə-​ˌter-​ē How to pronounce budgetary (audio) , -​ˌte-​rē \ adjective

Examples of budget in a Sentence

Noun

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

Verb

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

Adjective

a budget phone plan for people on fixed incomes
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Recent Examples on the Web: Noun

The funding swaps grow out of the budget stalemate between Trump and congressional Democrats, who have opposed his longstanding requests for new money to construct a border wall. Yvonne Wingett Sanchez, azcentral, "Fort Huachuca project delayed for Trump's border efforts," 4 Sep. 2019 Residents who want to weigh in on these decisions have an opportunity in September, when elected officials lock in decisions about the tax rate and budget. Jerry Fallstrom, orlandosentinel.com, "Most Lake governments poised to reap dividends from growing tax base," 4 Sep. 2019 In an effort to scrape together more cash before its slower winter season, the budget transatlantic carrier asked bondholders on Monday for up to a two-year extension in repaying two bonds about to reach maturity, which total about $380 million. Jessica Puckett, Condé Nast Traveler, "Norwegian Air Is Taking Last-Ditch Measures to Avoid Bankruptcy," 4 Sep. 2019 He's been busy making some changes at the CFDA, including cutting one day of New York Fashion Week (from six to five days) to better support schedules and budgets. Kara Nesvig, Teen Vogue, "The CFDA Has Announced a "More Diverse" Board, Adding Virgil Abloh, Kerby Jean-Raymond, and More," 4 Sep. 2019 About 820 additional units will be available by the end of the 2021 fiscal year thanks to a bevy of recent budget investments. Dominic Fracassa, SFChronicle.com, "SF counts 4,000 homeless, addicted and mentally ill, but timeline for help still unclear," 4 Sep. 2019 The sneaker is budget friendly ($100) and plays on the Mitchell’s Spider-Man nickname. Jarrel Harris, SI.com, "Ranking Signature Sneaker Debuts From Current NBA Stars," 2 Sep. 2019 However, Wetzel said efforts need to go beyond raising budgets. Tyler Kendall, CBS News, "Why can't prisons staff their facilities? One state might have a solution," 31 Aug. 2019 Those who came from South Africa or were at South African institutions received support ahead of their applications, which helped them to prepare budgets and ultimately to be more competitive in their applications. Thomas Kariuki, Quartz Africa, "African universities are battling to attract post-doctoral researchers," 31 Aug. 2019

Recent Examples on the Web: Verb

Anything not raised will be paid for using the gross receipts tax and is currently budgeted. USA TODAY, "Burro bandits, sugarcane shake-up, naked bike ride: News from around our 50 states," 26 Aug. 2019 Service can’t end in the middle of a quarter, so that means dental coverage until the end of September, even though it hasn’t been budgeted. James Brooks, Anchorage Daily News, "Despite Dunleavy veto, Medicaid dental program continues through September," 25 Aug. 2019 The adult population of detainees was 53,141 as of June 8, though the agency is only budgeted for 45,000. Colleen Long, BostonGlobe.com, "President Trump says he will delay planned immigration raids," 22 June 2019 In the last four years, overtime pay has ranged from $28 million to $31 million, even though the city has budgeted for about half that amount, according to Reason magazine. Fox News, "Oakland cops collected $30M in overtime pay last year; one officer logged 2,600 OT hours," 13 June 2019 Glassman has budgeted for a 2 percent COLA, or cost of living adjustment, and a $2,000 merit increase for eligible full-time county employees. David Anderson, The Aegis, "Police union, ARC Northern Chesapeake officials praise county exec's budget," 4 May 2018 Battle said the city has budgeted $8 million in greenway construction in its 10 year capital plan. Lee Roop, AL.com, "Huntsville updates its greenway plan, so what's new?," 31 Jan. 2018 Miller says to budget about 1% to 3% of the home’s value annually for maintenance. Washington Post, "The ‘good enough’ home may be just perfect," 6 Aug. 2019 Their apps allow customers to budget and track spending by splitting cash into different buckets within the same account. Michael Scaturro, CNN, "Europe's startup banks are coming to America. Can they succeed?," 31 July 2019

Recent Examples on the Web: Adjective

Other investments include a 34 percent stake in Flynas, a budget airline that was considering an initial public offering this year, and a stake in food-producer Savola. Matthew Martin, Bloomberg.com, "Alwaleed, Caught in Saudi Purge, Has Assets Across Globe," 5 Nov. 2017

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'budget.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of budget

Noun

15th century, in the meaning defined at sense 1

Verb

1618, in the meaning defined at transitive sense 1a

Adjective

1941, in the meaning defined above

History and Etymology for budget

Noun, Verb, and Adjective

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

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Statistics for budget

Last Updated

8 Sep 2019

Look-up Popularity

Time Traveler for budget

The first known use of budget was in the 15th century

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More Definitions for budget

budget

noun

English Language Learners Definition of budget

 (Entry 1 of 3)

: 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

budget

verb

English Language Learners Definition of budget (Entry 2 of 3)

: 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)

budget

adjective

English Language Learners Definition of budget (Entry 3 of 3)

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

budget

noun
bud·​get | \ ˈbə-jət How to pronounce budget (audio) \

Kids Definition of budget

 (Entry 1 of 2)

1 : a statement of estimated income and expenses for a period of time
2 : a plan for using money

budget

verb
budgeted; budgeting

Kids Definition of budget (Entry 2 of 2)

1 : to include in a plan for using money It's important to budget money for food.
2 : to plan for efficient use Budget your time wisely.

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