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Definition of budget

budget

/ˈbʌdʒ.ɪt/
bud · get

Plural:budgets
•
Past Simple:budgeted
•
Past Participle:budgeted
•
Present Participle:budgeting
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budget Lexical Profile

budget Game Scores & Validity

• noun

1

An itemized estimate of expected income and expenditure for a specific period or project.

Example

"The city council approved the annual municipal budget after weeks of debate."


2

The total amount of money allocated or available for a particular purpose.

Example

"Renovating the kitchen while staying within our tight budget required careful planning."

Synonyms
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• adjective

1

Inexpensive or priced to be affordable for people with limited funds (typically used before a noun).

Example

"The airline offers budget flights to several major European capitals."

Synonyms
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Antonyms
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• verb

1

To allocate or plan to spend a specific sum of money or amount of time for a particular purpose.

Example

"The department has budgeted ten thousand dollars for new laboratory equipment this year."


2

To plan and manage one's income and expenses carefully.

Example

"Learning how to budget effectively is an essential skill for university students living on their own."

Synonyms
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Antonyms
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• Rhymes for budget

Word Origin & Etymology

Borrowed in the 15th century from Old French bougette ('little leather bag'), a diminutive of bouge, from Latin bulga ('leather bag'). The modern financial sense arose in the 18th century because the British Chancellor of the Exchequer carried his annual fiscal proposals to Parliament inside a leather pouch, leading to the phrase 'opening the budget.'

Cite this Entry


Wordmom. (2026). Definition of Budget. In Wordmom Dictionary. Retrieved Nov 5, 2026, from https://wordmom.com/dictionary/budget
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