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
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


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



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


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 District executives plan to present the 2021 budget proposal to board members in October. Tom Daykin, Milwaukee Journal Sentinel, "Milwaukee's convention center to finish 2020 with a $2.6 million loss as coronavirus pandemic cancels events," 11 Sep. 2020 Here's why Right now, Bellarmine has plenty of budget capacity to accommodate transfer students. Sarah Ladd, The Courier-Journal, "JCTC students can get break on tuition to attend Bellarmine through new partnership," 11 Sep. 2020 State tax revenue for August blew past predictions for the second consecutive month, state budget officials said Tuesday. From Usa Today Network And Wire Reports, USA TODAY, "School starts, paper masks, ‘hero pay’: News from around our 50 states," 11 Sep. 2020 Her invitation said the gathering was related to ongoing budget discussions at City Hall. Cassandra Jaramillo, Dallas News, "Dallas police chief’s resignation comes as law enforcement faces moment of disruption," 10 Sep. 2020 None of those budget priorities were passed formally. John Benson, cleveland, "Lakewood City Council discusses 2021 budget priorities," 10 Sep. 2020 The new budget maximizes officer effort and invests in programs and strategies to decrease crime, Adler said. Caitlin O'kane, CBS News, "Texas police group puts up billboard warning "enter at your own risk," saying Austin defunded police," 10 Sep. 2020 The city will allocate $994,958 of the grant funds to last year's budget, when the looting took place. Lorraine Longhi, The Arizona Republic, "Scottsdale will receive $1.5 million to pay for Fashion Square looting response," 10 Sep. 2020 Assemblyman Hal Wirths asked Frank Haines, the legislative budget officer. Kim Jarrett, Washington Examiner, "Republican lawmakers grill Murphy administration officials over need for borrowing in New Jersey budget," 10 Sep. 2020 Recent Examples on the Web: Verb The officers involved in the incident did not have body cameras as the Kenosha Police Department has not provided its force with the devices due to acquisition delays attributed, in part, to budget shortfalls. Madison Dibble, Washington Examiner, "'Take a deep breath': Democratic lawmaker, who is a former police chief, reserving judgment on Jacob Blake and officer who shot him until investigation completed," 30 Aug. 2020 But as the athletic department starts to budget for the 2021 fiscal year, all scenarios must be on the table for CU to assure financial viability. Kyle Fredrickson, The Denver Post, "CU Buffs spring game unlikely to be rescheduled as hope remains for summer football practices," 1 Apr. 2020 That's critical in places like Hunter's health department, which lost half of its staff over eight years to budget cuts. Chris Kenning, The Courier-Journal, "Once seemingly insulated, Kentucky's Appalachian counties scramble to stop COVID-19 outbreak," 31 July 2020 Jones said the McConnell bill does budget a lot for schools - $105 billion - but it is tied too closely to physically reopening. Lee Roop | Lroop@al.com, al, "Alabama COVID problem ‘serious,’ GOP delay ‘unconscionable’," 30 July 2020 In Common Sense Camp, Hanson's kids learn lots of practical skills like reading a map, using a banking app to budget, or how to administer CPR and first aid. Alaa Elassar, CNN, "These parents created a 'Common Sense Camp' to teach their kids basic life skills while quarantining," 27 June 2020 In the letters, Woodfin said those seeking to use city facilities or the support of the city police and fire department should budget for those costs. Anna Beahm | Abeahm@al.com, al, "Woodfin says city will trim in-kind services; alerts groups to ‘drastic’ cuts," 22 June 2020 Other municipalities around the country are facing similar responses from their law enforcement agencies to budget proposals and police reforms, including Los Angeles, New York City, Hallandale Beach, and Atlanta. Kerry Picket, Washington Examiner, "Nearly 3 out of 4 DC police officers ready to leave the force: Washington police union poll," 19 June 2020 Fuller said policies are changing, and led a push to budget $500,000 to put a body camera on every McKinney police officer. Dallas News, "Five years ago, a cop’s actions tore McKinney apart along racial lines. Has anything changed?," 12 June 2020 Recent Examples on the Web: Adjective But the movie's opening night on Feb. 16, 2018, was all about the rare experience of seeing a predominantly Black cast led by a Black director, Ryan Coogler, in a mega-budget action movie. Julie Hinds, Detroit Free Press, "Metro Detroit mourns Chadwick Boseman, vows to remember his historic impact," 30 Aug. 2020 In that case, however, mid-budget films might just bypass theaters entirely—as studios experimented doing with some of their 2020 films because of worldwide theater closures. Adam Epstein, Quartz, "Universal’s deal with AMC means seismic shifts in the movie industry," 29 July 2020 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


15th century, in the meaning defined at sense 1


1618, in the meaning defined at transitive sense 1a


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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Time Traveler for budget

Time Traveler

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

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Statistics for budget

Last Updated

13 Sep 2020

Cite this Entry

“Budget.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/budget. Accessed 21 Sep. 2020.

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More Definitions for budget


How to pronounce budget (audio)

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



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)



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

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


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


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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