BUDGET

budget

(noun) a summary of intended expenditures along with proposals for how to meet them; “the president submitted the annual budget to Congress”

budget

(noun) a sum of money allocated for a particular purpose; “the laboratory runs on a budget of a million a year”

budget

(verb) make a budget

Source: WordNet® 3.1


Etymology

Noun

budget (plural budgets)

The amount of money or resources earmarked for a particular institution, activity or time-frame.

An itemized summary of intended expenditure; usually coupled with expected revenue.

(obsolete) A wallet, purse or bag.

(obsolete) A compact collection of things.

(obsolete, military) A socket in which the end of a cavalry carbine rests.

Adjective

budget (not comparable)

Of or relating to a budget.

Appropriate to a restricted budget.

Synonyms

• (appropriate to a restricted budget): low-cost

Verb

budget (third-person singular simple present budgets, present participle budgeting, simple past and past participle budgeted)

(intransitive) To construct or draw up a budget.

(transitive) To provide funds, allow for in a budget.

(transitive) To plan for the use of in a budget.

Source: Wiktionary


Budg"et, n. Etym: [OE. bogett, bouget, F. bougette bag, wallet, dim. of OF. boge, bouge, leather bag. See Budge, n., and cf. Bouget.]

1. A bag or sack with its contents; hence, a stock or store; an accumulation; as, a budget of inventions.

2. The annual financial statement which the British chancellor of the exchequer makes in the House of Commons. It comprehends a general view of the finances of the country, with the proposed plan of taxation for the ensuing year. The term is sometimes applied to a similar statement in other countries. To open the budget, to lay before a legislative body the financial estimates and plans of the executive government.

Source: Webster’s Unabridged Dictionary 1913 Edition



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Word of the Day

29 May 2025

CRITICAL

(adjective) characterized by careful evaluation and judgment; “a critical reading”; “a critical dissertation”; “a critical analysis of Melville’s writings”


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Coffee Trivia

The world’s most expensive coffee costs more than US$700 per kilogram. Asian palm civet – a cat-like creature in Indonesia, eats fruits, including select coffee cherries. It excretes partially digested seeds that produce a smooth, less acidic brew of coffee called kopi luwak.

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