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

That's very important at the Sea Forest Waterway, where half of the 2,000 fans won't be seated in shade because of budget cuts that led architects to scrap plans for larger overhead coverings. Jacob Bogage, chicagotribune.com, "Worried about Tokyo heat, 2020 Olympics organizers experiment with snow cannons," 16 Sep. 2019 This is because they are faced with budget cuts and unrealistic expectations of providing patient care with half the staff. cleveland.com, "Dear Annie: Overworked nurses need a break, and our understanding," 16 Sep. 2019 The South Wales Police said the technology was necessary to make up for years of budget cuts by the central government. Adam Satariano, New York Times, "Real-Time Surveillance Will Test the British Tolerance for Cameras," 15 Sep. 2019 Those budget cuts in North Carolina had a direct impact on Orry’s experience at CVCC. Paul Tough, The Atlantic, "The Myth of the Wealthy Welder," 13 Sep. 2019 Each year, thousands of cases are not properly investigated, and in 2017, 23 shelters for victims of domestic violence were closed in Brazil due to budget cuts. Helena Cavendish De Moura And Julia Hollingsworth, CNN, "Four girls are raped every hour in Brazil, study finds," 11 Sep. 2019 Then the state parks department, hamstrung by former Gov. Jerry Brown’s budget-cuts to the agency, could not afford to restore the structure. Paul Rogers, The Mercury News, "$9 million restoration OK’d for historic Pigeon Point Lighthouse on San Mateo County coast," 6 Sep. 2019 Meanwhile, over the past four years, state officials have been forced to make across-the-board budget cuts in the face of skyrocketing pension and Medicaid costs, slicing deeply into higher education. Alfred Miller, ProPublica, "How Kentucky Gambled for Hundreds of Millions of Dollars From a Broadband Program It Didn’t Qualify for," 4 Sep. 2019 Kelso and Longview school districts faced budget cuts this year after agreeing to sharp salary increases in recent years. Andre Stepankowsky, The Seattle Times, "Toutle teacher strike may be coming to an end," 30 Aug. 2019

Recent Examples on the Web: Verb

Topics will include home ownership readiness, budgeting and credit management, financing, accessing affordable mortgage products, shopping for a home and maintaining a home. Carol Kovach, cleveland.com, "Runners, walkers to hit West Park streets Sept. 15 for 18th annual Cleveland Heroes Run: A Place in the Sun," 10 Sep. 2019 The jockey club’s first plan budgeted $15.5 million for Pimlico and $14.8 million for Laurel; the 2014 plan showed slightly less than half of all capital spending going to Pimlico. Baltimore Sun Staff, baltimoresun.com, "Maryland legislature probes horse racing panel’s oversight of subsidies for racetracks," 6 Sep. 2019 Many life skills, including how to develop good habits, manage stress, pay taxes, budget our spending/income, and to live a healthy lifestyle, are necessary, especially when college is the bridge to adulthood. Cicero Estrella, The Mercury News, "Adulting 101: Cal students teach course on ‘how to live in the real world and function as an adult’," 27 Aug. 2019 The College Board says students should budget $1,240 annually for books and supplies. Amie Freeman, The Conversation, "Why do college textbooks cost so much? 7 questions answered," 23 Aug. 2019 That's less than the city had budgeted for the three-floor building, which will feature a yellow and tan stone design with large windows, on the existing campus on Delafield Street near Buena Vista Avenue. Jim Riccioli, Milwaukee Journal Sentinel, "Waukesha's new City Hall will cost $19.4 million to build based on low bid now in officials' hands," 20 Aug. 2019 From 2016 to 2018, Georgia exceeded its budgeted amounts for football recruiting by millions to collectively spend more than $7 million, well ahead of No. Gentry Estes, The Courier-Journal, "The cost of college football recruiting — and winning — is now through the roof," 31 July 2019 Officials said the flight will be considered a training event, with the cost already budgeted. Kevin Freking, Twin Cities, "Trump vows July 4 ‘show of a lifetime’ as protesters gather," 3 July 2019 Pennsylvania currently has a 1 percent vacancy rate for correctional officers — that's the amount of unfilled positions the state has budgeted for. Tyler Kendall, CBS News, "Why can't prisons staff their facilities? One state might have a solution," 31 Aug. 2019

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 Celtic origin; akin to Middle Irish bolg bag; akin to Old English belg bag — more at belly

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Learn More about budget

Statistics for budget

Last Updated

7 Oct 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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