budget Definition

budget
noun

1. A plan, especially one covering a particular period of time, specifying how money coming in, eg to a household or a business project, will be spent and allocated.
(Brit)
2. A periodic assessment of and programme for national revenue and expenditure, proposed by the government and presented to parliament by the Chancellor of the Exchequer.

Form: the Budget
3. The amount of money set aside for a particular purpose.

Example: used up my clothes budget for the year
Thesaurus: allotment, allowance, finances, funds, means, resources.
4. Low in cost; economical.

Example: budget holidays

verb budgeted, budgeting

intr
1. To calculate how much money one is earning and spending, so that one does not spend more than one has; to draw up a budget.
intr
2. To plan, arrange or allow for (a specific expense) in a budget.

Form: budget for something (usually)
3. To provide (an amount of money, or sometimes time, etc) in a budget.

Example: We budgeted £600 for the holiday
Thesaurus: allocate, apportion, cost, estimate, plan.

Derivative: budgetary
adj

Relating to or connected with a budget or financial planning.

Derivative: budgeting
noun

Etymology: 15c in obsolete sense ‘wallet' or ‘bag': from French bougette, diminutive of bouge a pouch.