budget

noun
bud·get | \ˈbə-jət \

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, -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

Those limits dropped away on July 1 with new funding in the state budget for anyone enrolled in California’s Breast and Cervical Cancer Treatment Program. Paul Sisson, sandiegouniontribune.com, "Komen, Atkins celebrate elimination of cancer treatment limits," 13 July 2018 In a 3-2 vote, the Commission decided Tuesday night to possibly fill a $5 million gap in the budget with a property tax increase. Meryl Kornfield, Sun-Sentinel.com, "Fort Lauderdale may raise property taxes for first time in 12 years," 13 July 2018 The indeterminate increase in revenue will help pay down the state's budget deficit, which has previously been pegged at about $700 million for fiscal year 2019, which began July 1. Author: Elwood Brehmer, Anchorage Daily News, "Despite slight production dip, Alaska oil revenue grows in FY18," 13 July 2018 Republicans argued that income tax cuts would allow Missourians to keep more of their money and would generate economic activity in the state, but Democrats worried the bill would knock a hole in the state’s already-tight budget. Allison Kite, kansascity, "Gov. Parson signs Missouri tax cut long sought by Republican lawmakers," 12 July 2018 The governor can veto specific spending and policy sections in the budget. Joshua Miller And Matt Stout, BostonGlobe.com, "Mass. Legislature could strengthen Charlie Baker’s hand with budget delay," 12 July 2018 Suddenly, there was room in the budget for food at events and staff-wide training. Annabelle Williams, Philly.com, "Art Institute of Philadelphia closing leaves students and employees with hard decisions," 12 July 2018 With board approval of the four contracts, $18,000 remains in the budget, according to the staff report. Alexandra Kukulka, chicagotribune.com, "Continuing Amtrak Hiawatha fight, Glenview to pay for $160,000 train traffic analysis," 10 July 2018 The company has submitted quotes to the BPD for new radios—but the department has not made any allocation for new radios in the 2019 budget. Sean Gallagher, Ars Technica, "Baltimore’s police department is a technological disaster," 29 June 2018

Recent Examples on the Web: Verb

Local firm Eppstein Uhen Architects is designing the 23,000-capacity venue, budgeted at $30 million to $35 million. Piet Levy, Milwaukee Journal Sentinel, "As Summerfest in Milwaukee gets older, the 51-year-old festival is feeling younger," 26 June 2018 Furthermore, Comcast committed to establish a board for Sky’s news arm and promised to invest in the channel an annual amount at least equal to what was budgeted in fiscal 2017 for the next decade. WSJ, "Sky Takeover Explained," 5 June 2018 The project, originally budgeted at $230 million, has been mired in cost overruns, delays, and disputes between investors. BostonGlobe.com, "Deal could restart stalled N.Y. Ferris wheel tourism project," 13 May 2018 The project, originally budgeted at $230 million, has been mired in cost overruns, delays and disputes between investors. Washington Post, "Deal could restart stalled NYC Ferris wheel tourism project," 13 May 2018 The project, originally budgeted at $230 million, has been mired in cost overruns, delays and disputes between investors. Karen Matthews, The Seattle Times, "Deal could restart stalled NYC Ferris wheel tourism project," 13 May 2018 Tabatchnick told the Sun Sentinel the project was originally budgeted at $147 million but ended up costing $187 million. Susannah Bryan, Sun-Sentinel.com, "Surprise! Taxpayers on hook for $28M Margaritaville giveaway," 11 May 2018 The high school was budgeted at $25 million with the school raising $20 million then borrowing the remaining $5 million. Meredith Colias-pete, Post-Tribune, "New Illiana Christian High School set to open in August," 13 July 2018 Bartle Wells reported the actual recycled water operational and maintenance expenses was $418,478 in 2016, but the district is budgeting $621,075 for those same expenses in the 2017-18 budget. Julie Gallant, Ramona Sentinel, "RMWD board to weigh recycled water rate hikes," 28 Mar. 2018

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

Middle English bowgette, from Middle French bougette, diminutive of bouge leather bag, from Latin bulga, of Celt origin; akin to Middle Irish bolg bag; akin to Old English belg bag — more at belly

Verb

see budget entry 1

Adjective

see budget entry 1

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Statistics for budget

Last Updated

20 Oct 2018

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 \

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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Comments on budget

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