Meaning of budget in English

1. Pronunciation

   /ˈbədʒət/

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1. Verb

   budget

   Definitions

   1. make a budget

2. Noun

   budget

   Etymology

   late Middle English: from Old French bougette, diminutive of bouge‘leather bag’, from Latin bulga‘leather bag, knapsack’, of Gaulish origin. Compare with bulge. The word originally meant a pouch or wallet, and later its contents. In the mid 18th century, the Chancellor of the Exchequer, in presenting his annual statement, was said ‘to open the budget’. In the late 19th century the use of the term was extended from governmental to other finances

   Definitions

   1. a sum of money allocated for a particular purpose

   Examples

   • « the laboratory runs on a budget of a million a year »
3. 2. a summary of intended expenditures along with proposals for how to meet them

   Examples

   • « the president submitted the annual budget to Congress »