budget Meaning, Definition & Usage

  1. noun a sum of money allocated for a particular purpose
    • the laboratory runs on a budget of a million a year
  2. noun a summary of intended expenditures along with proposals for how to meet them
    • the president submitted the annual budget to Congress
  3. verb make a budget

WordNet

Budg"et noun
Etymology
OE. bogett, bouget, F. bougette bag, wallet, dim. of OF. boge, bouge, leather bag. See Budge, n., and cf. Bouget.
Definitions
  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.

Webster 1913