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


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 budget (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 And the operating budget of the biggest Arab American social services groups, ACCESS of Dearborn, grew from $7 million to $27 million, with more than 600 employees, according to tax records. Niraj Warikoo, Detroit Free Press, 11 Sep. 2021 The bureau said the emergency reduction was prompted by a June traffic-safety budget amendment crafted by city Commissioner Jo Ann Hardesty. oregonlive, 11 Sep. 2021 This past spring, Bolton was part of the commission majority that voted for a new $15,000 local travel budget that doesn’t require receipts for reimbursement. Lisa J. Huriash, sun-sentinel.com, 11 Sep. 2021 But recall supporters point out the group will need to choose a new superintendent and close a huge budget gap well before then, and this crew doesn’t seem up to the job. Heather Knight, San Francisco Chronicle, 11 Sep. 2021 Bean says there are good solutions to this threat, but a lack of budget and proper rules of engagement on who is allowed to bring down a drone and under what circumstances prevent them being applied. David Hambling, Forbes, 10 Sep. 2021 In July, the Legislature included measures banning local mask and vaccine mandates in its budget package. Yana Kunichoff, The Arizona Republic, 10 Sep. 2021 The companies are currently working out the budget and financing for the film, which is scheduled to shoot in Italy’s Veneto region in 2023. Ed Meza, Variety, 10 Sep. 2021 The Biden administration plans to use the Clean Electricity Payment Program, a provision in the $3.5 trillion budget plan pending in Congress, to create incentives for electric utilities to generate more power from carbon-free sources. Joshua D. Rhodes, The Conversation, 10 Sep. 2021 Recent Examples on the Web: Verb Financial guru Ashleigh Williams came through with ways to budget your coins and set financial goals, like opening a bank account or saving for your first whip. Essence, 2 Sep. 2021 Engage a nonprofit credit counseling agency to host lunch-and-learns on how to build a healthy credit score and how to budget. Etta Money, Forbes, 2 Sep. 2021 While property taxes are expected to hold stable, high unemployment rates in 2020 led IndyGo leaders to budget a 10% decrease in transit income tax revenue, or a $6.3 million drop. Kayla Dwyer, The Indianapolis Star, 27 Aug. 2021 Classes were offered to help families learn how to budget, purchase and cook healthy foods. Crocker Stephenson, Milwaukee Journal Sentinel, 23 Aug. 2021 Park Ridge elected officials have discussed funding the lights several times, most recently in 2018 when the City Council, at the suggestion of Moran, agreed to budget $30,000. Jennifer Johnson, chicagotribune.com, 20 July 2021 At the same time, inflation is raising prices at the grocery store, adding to the strain of households trying to budget their SNAP benefits. Khristopher J. Brooks, CBS News, 11 Aug. 2021 Companies should budget $300 to $1,000 per month for leasing a vehicle, including maintenance. Khaled Naim, Forbes, 23 June 2021 Enterprises need to budget for resources, effort, time and infrastructure to deliver this change. Gooty Agraharam, Forbes, 7 July 2021 Recent Examples on the Web: Adjective Dollar Baby, Clint Eastwood churned out eight solid-to-great films—all mid-budget dramas, and all but two based on best-selling novels. David Sims, The Atlantic, 8 Sep. 2021 The competition in the ultra-budget true wireless headphones world is a little limited. Maren Estrada, BGR, 3 Sep. 2021 Legacy was a mega-budget bet on the abstract instead of the specific. Scott Mendelson, Forbes, 3 June 2021 It’s the kind of mid-budget, original film that Hollywood doesn’t often make these days. Adam Epstein, Quartz, 7 Apr. 2021 Once a thriving genre, the big-screen romantic comedy has all but disappeared in recent years, as studios have turned increasingly away from mid-budget movies in favor of surefire tent-pole hits. New York Times, 24 Aug. 2021 The Burbank company pursued an old-school strategy of producing mid-budget films with major stars, such as Jennifer Lopez, Kevin Hart and Melissa McCarthy. Ryan Faughnder, Los Angeles Times, 4 Aug. 2021 Some of them are big studio tentpoles; some of them are micro-budget doodles; some of them seem to alienate on purpose. Tim Grierson, Vulture, 7 July 2021 When mid-budget adult dramas were sure-fire box office bets. Eliana Dockterman, Time, 28 June 2021

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

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

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Last Updated

14 Sep 2021

Cite this Entry

“Budget.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/budget. Accessed 18 Sep. 2021.

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More Definitions for budget



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.

More from Merriam-Webster on budget

Nglish: Translation of budget for Spanish Speakers

Britannica English: Translation of budget for Arabic Speakers

Britannica.com: Encyclopedia article about budget


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