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 Landsat annual budget, meanwhile, is about $80 million. Paul Voosen, Science | AAAS, "Keep Landsat data free, panel urges Department of the Interior," 12 June 2019 Many of them oversee multimillion-dollar budgets, and every sheriff is largely responsible for deciding what county law enforcement activities taxpayers should pay for. Connor Sheets | Csheets@al.com, al.com, "After losing reelection, these Alabama sheriffs took it out on their successors - and the public," 12 June 2019 The Institute stated the new budget, for instance, will sustain the current level of the Pre-K program for 4-year-olds by using $4 million to fund 800 seats. nola.com, "Louisiana’s budget raises preschool funding for the first time in 10 years," 11 June 2019 During a Tuesday evening meeting, school board members sounded satisfied with the general fund budget, which is $32 million larger than last school year’s. Josh Verges, Twin Cities, "St. Paul school budget: new investments but fewer students and teachers," 11 June 2019 One of these characters is Fenia Xenopoulou, a Greek woman turning 40 who has been given a job with no clout and almost no budget, as head of communications for the Directorate-General for Culture. Dwight Garner, New York Times, "‘The Capital’ Is a Sharp Political Satire About Europe at This Perilous Moment," 10 June 2019 With what figures to be a relatively modest shopping budget, here’s hoping Denver can find a shooter. Mark Kiszla, The Denver Post, "Kickin’ It with Kiz: Why our instant-replay obsession has made NFL games less fun to watch," 8 June 2019 The budget, which Gov. Ned Lamont is expected to sign into law, also raises the tax rate on digital downloads, assesses a new 10-cent fee on single-use plastic bags and expands the tax on prepared food. Daniela Altimari, courant.com, "Hartford Courant/Sacred Heart Poll finds a quality of life paradox in Connecticut," 7 June 2019 The $4 trillion plan focuses on six areas: a carbon fee and dividend; direct air capture/negative emissions technology; increasing the renewable energy budget; challenge grants; creating a Climate Corps; and a Carbon Throughway. Natasha Bach, Fortune, "Where the 2020 Presidential Candidates Stand on Climate Change," 6 June 2019

Recent Examples on the Web: Verb

According to Task and Purpose, the U.S. has budgeted $20 million in the 2019 defense budget for railguns. Kyle Mizokami, Popular Mechanics, "China’s Railgun Has Reportedly Gone to Sea," 31 Dec. 2018 Lawmakers had budgeted money to improve Western State’s fire-suppression systems in the 2017 capital-construction budget — but that bill was delayed by seven months over a political squabble in Olympia. Joseph O’sullivan, The Seattle Times, "Inspections of Western State Hospital showed recurring health and safety violations," 26 June 2018 When presenting the first, tentative budget on April 3, Township Supervisor Laura Morask touted cost savings and budget cuts because the numbers reflected a reduction over what the township budgeted the prior year. Jennifer Johnson, chicagotribune.com, "Maine Township Board approves lower budget than originally proposed; resident seeks further cuts next year," 12 June 2018 The mayor’s comments came as Council enters the final stretch of its budgeting season. Barbara Laker, Philly.com, "Without $700M, Philly might not be able to fix crumbling schools, Hite and Kenney say," 22 May 2018 There's not a whole lot budgeted for travel, entertainment, or shopping. Marie Claire, "The $86,000 Couple With a Baby on the Way Who Balance Each Other Out," 30 May 2019 The police department has spent at least $36 million on overtime this fiscal year, more than twice the budgeted $16 million. Ian Duncan, baltimoresun.com, "As many as 42 percent of Baltimore police officers on patrol last month were working overtime," 7 June 2018 The unit currently has 14 detectives, though the department in 2018 budgeted for 23. Rachel Dissell, cleveland.com, "Cleveland sex crimes, special investigative units more understaffed than patrol," 13 Apr. 2018 Winter Garden budgets $250,000 a year to switch out and update smart meters. Stephen Hudak, OrlandoSentinel.com, "Apopka cuts water loss with new 'smart' meters as part of $4.6 million upgrade," 11 June 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, Verb, and Adjective

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

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Statistics for budget

Last Updated

16 Jun 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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