- The definition of a budget is an itemized summary of planned expenses for a given period along with the estimated income for that period.
An example of budget is what California Governor Jerry Brown vetoed in June of 2011 for being unbalanced.
- A budget is defined as a plan or estimate of the amount of money needed for cost of living or to be used for a specific purpose.
- An example of budget is how much a family spends on all expenses in a month.
- An example of budget is how much a person plans on spending on a new bed.
- Budget means to make a schedule for using time or a plan for paying expenses.
An example of budget is someone going over all their past monthly expenses to make a plan for future monthly expenses.
- Obsolete a bag, pouch, or purse, or its contents
- a collection of items; stock
- a plan or schedule adjusting expenses during a certain period to the estimated or fixed income for that period
- the cost or estimated cost of living, operating, etc.
- the amount of money needed or allotted for a specific use
Origin of budgetMiddle English bougette ; from Old French diminutive of bouge: see budge
- to put on or in a budget; provide for in a budget
- to plan (expenditures or activities) according to a budget
- to plan in detail; schedule: budget your time
- a. An itemized summary of estimated or intended expenditures for a given period along with proposals for financing them: submitted the annual budget to Congress.b. A systematic plan for the expenditure of a usually fixed resource, such as money or time, during a given period: A new car will not be part of our budget this year.c. The total sum of money allocated for a particular purpose or period of time: a project with an annual budget of five million dollars.
- A stock or collection with definite limits: “his budget of general knowledge” (William Hazlitt).
- Appalachian Mountains A wallet or small pouch.
verbbudg·et·ed, budg·et·ing, budg·ets
- To plan in advance the expenditure of: needed help budgeting our income; budgeted my time wisely.
- To enter or account for in a budget: forgot to budget the car payments.
- Of or relating to a budget: budget items approved by Congress.
- Appropriate for a restricted budget; inexpensive: a budget car; budget meals.
Origin of budgetMiddle English bouget, wallet, from Old French bougette, diminutive of bouge, leather bag, from Latin bulga, of Celtic origin; see bhelgh- in Indo-European roots.
- budg′et·er, budg′et·eer′
(third-person singular simple present budgets, present participle budgeting, simple past and past participle budgeted)
- (intransitive) To construct or draw up a budget.
- Budgeting is even harder in times of recession
- To provide funds, allow for in a budget.
- The PM’s pet projects are budgeted rather generously
- To plan for the use of in a budget.
- The prestigious building project is budgeted in great detail, from warf facilities to the protocollary opening.
Recorded since 1432 as Middle English bogett, bouget, bowgette (“leather pouch”), from Old French bougette, the diminutive of bouge (“leather bag, wallet”) (also the root of bulge), itself from Latin bulga (“leather bag, bellow”), of Gaulish origin (Celtic, compare Old Irish bolg (“bag”), Breton bolc’h (“flax pod”)), a common root with the Germanic family (compare Dutch balg (“child”)), from the Proto-Indo-European *bhelgh-.