First Known Use: 15th century
Dictionary
1budget
noun bud·get \ˈbə-jət\
: 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
Full Definition of BUDGET
1
chiefly dialect : a usually leather pouch, wallet, or pack; also : its contents
3
: a quantity (as of energy or water) involved in, available for, or assignable to a particular situation; also : an account of gains and losses of such a quantity <the global carbon budget>
4
a : a statement of the financial position of an administration 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 c : the amount of money that is available for, required for, or assigned to a particular purpose
— bud·get·ary \ˈbə-jə-ˌter-ē, -ˌte-rē\ adjective
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See budget defined for kids
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Origin of BUDGET
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
2budget
verb
: 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)
Full Definition of BUDGET
transitive verb
1
a : to put or allow for in a budget b : to require to adhere to a budget
2
a : to allocate funds for in a budget <budget a new hospital> b : to plan or provide for the use of in detail <budgeting manpower>
intransitive verb
: to put oneself on a budget <budgeting for a vacation>
See budget defined for English-language learners
First Known Use of BUDGET
1618
Related to BUDGET
Other Business Terms
3budget
adjective
: low in price : suitable for someone who is on a budget
Full Definition of BUDGET
: suitable for one on a budget : inexpensive
See budget defined for English-language learners
First Known Use of BUDGET
1941
Related to BUDGET
- Synonyms
- affordable, bargain-basement, cheap, cheapie, cheapo, chintzy, cut-price [chiefly British], cut-rate, dime-store, dirt cheap, el cheapo, inexpensive, low, low-end, popular, reasonable
BUDGET Defined for Kids
1budget
noun bud·get \ˈbə-jət\
Definition of BUDGET for Kids
1
: a statement of estimated income and expenses for a period of time
2
: a plan for using money
2budget
verb
bud·get·edbud·get·ing
Definition of BUDGET for Kids
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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