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

Cahoots now has 39 employees and costs the city around $800,000 a year plus its vehicles, a fraction of the police department’s $58 million annual budget. Zusha Elinson, WSJ, "When Mental-Health Experts, Not Police, Are the First Responders," 24 Nov. 2018 From antique-inspired arm chairs to ultra-modern stackable counter stools, this affordable line has a little something for every taste and budget. Jaime Osnato, SELF, "Amazon’s New Home Collection Is My Vision Board Come to Life—Here Are 13 Things I Want," 21 Nov. 2018 Lion Air, one of the fastest-growing budget airlines in Southeast Asia, already had 11 of them in its fleet. Barbara S. Peterson, Popular Mechanics, "How Could a Brand New Boeing Jet Crash Without Warning?," 31 Oct. 2018 Case in point: In September, Democrats criticized the Trump administration for shifting $10 million from FEMA's operating budget and $200 million from various parts of the Department of Homeland Security to bolster ICE’s funds. Lauren Holter, Marie Claire, "If You Care About Immigration, Here's What You Need To Know About The Midterms," 16 Oct. 2018 Planning a wedding, no matter the size, typically begins with budget planning. Carrie Goldberg, Harper's BAZAAR, "How Much Does Princess Eugenie's Wedding Dress Cost?," 8 Oct. 2018 Last month, the cap was set even lower, at 30,000, for the new budget year. Fox News, "Trump refugee policy leaves thousands stranded outside US," 7 Oct. 2018 Including a $60 luxury indulgence that beauty editors simply can't get enough of and a bevy of drugstore scores that ring in at under two bucks, this list contains no shortage of balms for every budget. Sophie Wirt, Allure, "The 33 Best Lip Treatments We've Ever Tried," 13 Aug. 2018 Democrats fear draconian budget cuts with Dunleavy’s win. Dylan Scott, Vox, "Mike Dunleavy elected governor of Alaska: rare 2018 pickup for Republicans," 7 Nov. 2018

Recent Examples on the Web: Verb

Would prices of newer drugs not come down if less money were budgeted for these pervasive ads? WSJ, "Some Causes and Cures for High Drug Prices," 31 Oct. 2018 City spokeswoman Jessica Garcia said $350,000 of Community Redevelopment Agency funds are budgeted for the project. Ryan Gillespie, OrlandoSentinel.com, "'Selfie sculpture' could be on horizon at re-imagined Orlando Downtown Information Center," 3 July 2018 Records show that in 1997 the company budgeted $300,000 for mailings to doctors who prescribed opioids liberally, based on sales data that drug companies purchase. Fred Schulte, Sun-Sentinel.com, "How America got hooked on the deadly drug OxyContin," 18 June 2018 The Parks and Recreation budget remains virtually the same at $225,310, while $696,000 is budgeted for street resurfacing and $650,000 for stormwater projects to help maintain city infrastructure. Karen Huppertz, ajc, "Snellville approves $13.4 million budget for 2018-2019," 15 June 2018 Records show that in 1997 the company budgeted $300,000 for mailings to doctors who prescribed opioids liberally, based on sales data that drug companies purchase. NBC News, "How America got hooked on a deadly drug," 14 June 2018 Records show that in 1997 the company budgeted $300,000 for mailings to doctors who prescribed opioids liberally, based on sales data that drug companies purchase. Fred Schulte, Washington Post, "How America Got Hooked On A Deadly Drug," 13 June 2018 The spokesman also noted that Hogan has budgeted $55 million over the minimum over the past three years. Michael Dresser, baltimoresun.com, "Fact check: Democratic debate yields urban myths, stretched statistics, grains of truth," 31 May 2018 Hopefully, your rental income will be enough to cover the mortgage payment, insurance, property taxes, gardening fees and other expenses while budgeting for occasional big-ticket items. Russ Wiles, azcentral, "5 important tips for buying a rental property," 20 May 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

1 Dec 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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