Budget
/ˈbʌdʒɪt/
Definitions
2 meaningsAn estimate of revenue and expenses for a specific time period.
/ˈbʌdʒɪt/
A plan of how to spend money
The government announced a new budget.
💡 Simply: A plan for how to spend money.
More Examples
We're on a tight budget this month.
How It's Used
"The company's budget for next year is significantly larger."
"We need to stick to our monthly budget."
To plan or allocate resources, typically money, according to a plan.
/ˈbʌdʒɪt/
To plan how to spend money
We budgeted for unexpected expenses.
💡 Simply: To plan how to spend money.
More Examples
She budgeted her time effectively.
How It's Used
"We need to budget carefully for the upcoming project."
"They budgeted $500 for their vacation."
Synonyms & Antonyms
Synonyms
Idioms & expressions
on a tight budget
Having very little money to spend.
"We're on a tight budget this month, so we can't afford a new car."
From Old French *bougette, diminutive of bouge 'leather bag, wallet'. Originally referring to a bag containing money.
The word's usage has evolved from its original meaning relating to a bag of money to encompass broader financial planning.
Memory tip
Think 'budgeted' money is like money in a bag (bougette), carefully planned.
Word Origin
"leather bag, wallet"