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

Keep scrolling for more

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
See More

Recent Examples on the Web: Noun

The Wrap reports that Netflix has sunk $25 million to $30 million into the awards campaign, which is apparently the largest-ever budget for a foreign film, and possibly even the largest for any Best Picture hopeful. Chloe Foussianes, Town & Country, "How to Watch Roma, Alfonso Cuarón's Oscar-Nominated Movie," 22 Feb. 2019 As for pricing, a variety of packages cater to any budget. Blair Donovan, Country Living, "A "Golden Girls" Cruise Is in the Works, So Renew Your Passport Immediately," 19 Feb. 2019 And while modern medicine has eclipsed its historic use as cure-all, castor oil is now a trendy budget beauty buy. Caroline Picard, Good Housekeeping, "The 5 Best Benefits of Castor Oil Are Mostly for Your Hair and Skin," 15 Feb. 2019 To craft a custom home while staying within her budget, Bhasin wove in vintage furniture and accessories, much of which were repainted or reupholstered. Lucia Tonelli, ELLE Decor, "An Uninspired NYC Apartment Is Revived With Color, Charisma, and Customization," 17 Jan. 2019 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 MoEDAL shares an underground cavern with part of the big-budget, house-sized experiment dubbed the LHCb. Adam Hadhazy, Discover Magazine, "Scientists Hunt for A Seeming Paradox: A Magnet With Only One Pole," 13 Nov. 2018 In 2017, La Junta tried to slice the federal budget for universities in half. Chloe Watlington, Teen Vogue, "Students in Puerto Rico Protest Education Budget Cuts in the Wake of Recovery From Hurricane Maria," 6 Sep. 2018 The Cold War was winding down, and the defense budget was decreasing. Kyle Mizokami, Popular Mechanics, "V-22 Osprey: The Story of the Revolutionary Tiltrotor Aircraft," 8 Feb. 2019

Recent Examples on the Web: Verb

It is budgeted at $4.5 million and will include replacing the roof and windows, installing new mechanical and electrical systems and enhancing the interior. Forrest Sellers, Cincinnati.com, "Bring on the puppets. Madcap Theatre getting new home in Westwood.," 10 Apr. 2018 For a venue of this size, the show itself was small scaled and modestly budgeted — barely any stage filigree, relatively simple lighting, no platforms hovering out over the crowd. Jon Caramanica, New York Times, "Review: In a Big Room, Lorde Protects the Small Moments," 5 Apr. 2018 The project had been budgeted at $14.7 million, but after bids came in, construction costs have now risen about $7.3 million above budget. Scott Travis, Sun-Sentinel.com, "Broward school district may seek tax hike to pay for teacher raises," 17 Apr. 2018 An additional $67 million has been budgeted for road repairs across the county. Nina Agrawal, latimes.com, "L.A. County unveils new budget, emphasizing homeless services and other safety-net programs," 10 Apr. 2018 The department budgeted $50,000 this year for that purpose. Daniel Beekman, The Seattle Times, "These are Seattle’s fastest growing neighborhoods. Next year, they’ll lose their only community center.," 22 Oct. 2018 On average, foreign buyers should budget 10 percent on top of the sale price to cover taxes and fees for the notary and the real estate agent, Ms. Nicholas said. New York Times, "House Hunting in … Italy," 27 June 2018 The final cost may be less than budgeted, as SEPTA has so far committed to only 15 engines. Jason Laughlin, Philly.com, "SEPTA's 2019 budget funds new buses and trains but plans for drop in ridership revenue," 24 May 2018 The City Council last year budgeted $200,000 to build the facility, and the project proceeded through the design phase before being put out for public bid. Kim Chatelain, NOLA.com, "Mandeville mulls $318,000 public restroom on lakefront," 21 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.

See More

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

Keep scrolling for more

Learn More about budget

Statistics for budget

Last Updated

10 Mar 2019

Look-up Popularity

Time Traveler for budget

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

See more words from the same century

Keep scrolling for more

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.

Keep scrolling for more

Comments on budget

What made you want to look up budget? Please tell us where you read or heard it (including the quote, if possible).

WORD OF THE DAY

of or relating to a parable or parabola

Get Word of the Day daily email!

Test Your Vocabulary

A Green Quiz

  • shamrock
  • What is the best definition of green-eyed monster?
Spell It

Can you spell these 10 commonly misspelled words?

TAKE THE QUIZ
Syn City

Test Your Knowledge - and learn some interesting things along the way.

TAKE THE QUIZ

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!