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 university, which has about 70,000 students, says its overall budget has been squeezed as well, falling from $112 million to $102 million in 2017. Mauricio Savarese, Fox News, "Brazil museum fire sparks soul searching about spending," 27 Sep. 2018 Gamers on a strict budget can finally get a taste of the improvements found in Nvidia’s Turing GPU architecture. Brad Chacos, PCWorld, "Nvidia's GeForce GTX 1650 is a $150 graphics card built to plug-and-play in any PC," 23 Apr. 2019 Mosqueda asked for $3 million in October to be designated for an industrial-style tent shelter, similar to Tacoma’s, but that request didn’t make it into the 2019 budget. Scott Greenstone, The Seattle Times, "Homeless shelters that can be built in around 20 minutes without tools. Did political theater in Seattle this week showcase a practical solution?," 13 Apr. 2019 According to NBC News, the budget also includes a 26% reduction in state special education grants and millions of dollars retracted from services for blind students. Brittney Mcnamara, Teen Vogue, "Betsy DeVos Defended a Budget That Guts Federal Funding for the Special Olympics," 27 Mar. 2019 Another complication is that the generous response to disasters can bring in an extraordinary flood of money compared to the typical budget of most local charities. Kelsey Piper, Vox, "Why disaster relief is so hard," 25 Mar. 2019 In 2015, homeowners received $134 billion dollars worth of federal assistance—almost three times the total budget of HUD that same year. Diana Budds, Curbed, "Two senators are proposing national rent relief bills. Here’s why it matters," 10 Aug. 2018 Depending on the severity of your breakouts (and your budget), seeing a dermatologist who can administer an in-office quick fix or prescribe oral or topical medications might be a worthy investment in your time and money. Allure, "The 14 Best Cystic Acne Treatments, According to Dermatologists," 28 Mar. 2019 Way out of my budget, but probably totally worth it. Vogue, "Shop the Spring Trends Vogue Editors Want Now, From Denim Bike Shorts to Strappy Sandals," 14 Mar. 2019

Recent Examples on the Web: Verb

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 Jacobs said the city budgeted about $1.7 million between the two divisions this year, with a largely part-time staff, including a harbormaster. Hillary Davis, latimes.com, "Newport proposes new harbor and utilities departments," 15 May 2018 According to USNI News, the Navy has budgeted $400 million to purchase two large unmanned surface vessels. Kyle Mizokami, Popular Mechanics, "The U.S. Navy Wants To Build a “Ghost Fleet” of Drone Warships," 14 Mar. 2019 In 1917, even as World War I was raging, Dyson persuaded the British government to budget £1,000 for a team of four astronomers led by Eddington to observe the coming eclipse. Andrew Robinson, WSJ, "The Experiment That Made Einstein Famous," 14 Feb. 2019 And some money that is clearly devoted toward security — such as counterterrorism funding that is budgeted for intelligence or police agencies — isn’t technically defense spending and does not count toward the NATO requirements. Michael Birnbaum, Washington Post, "Trump wants all of NATO spending 2 percent on defense. But is it so simple?," 10 July 2018 On top of all of this, given the NCAA’s ongoing, and potentially future, legal entanglements, McNeely said the association’s long-term financial plan now includes budgeting for outside legal fees to increase by 10 percent a year. Steve Berkowitz, USA TODAY, "NCAA will not seek a cut from sports betting, association executive says," 28 June 2018 Fry said the organization currently employs eight therapists and has budgeted to add two equine therapists to that in fiscal year 2019. Audrey Dutton, idahostatesman, "Idaho Youth Ranch in trouble and failing to help children, say former employees | Idaho Statesman," 12 May 2018 Remember to budget money for gas, food, lodging, and activities, plus, things that might happen along the way like a flat tire. The Editors, Seventeen, "How to Plan the Perfect Road Trip With Your Besties," 19 Apr. 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

19 May 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

a sum of money that is sent as a payment

Get Word of the Day daily email!

Test Your Vocabulary

Time Traveler Quiz: Which Word Came First?

  • time traveler quiz which word came first
  • Which came first?
Spell It

Can you spell these 10 commonly misspelled words?

TAKE THE QUIZ
SCRABBLE® Sprint

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!