Meaning of budget in English

Table of contents

Verb
budget
Definitions
1. make a budget
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 »
2. a summary of intended expenditures along with proposals for how to meet them
Examples
- « the president submitted the annual budget to Congress »

Famous quotes

« If our nation goes over a financial Niagara, we won't have much strength and, eventually, we won't have peace. We are currently borrowing the entire defense budget from foreign investors. Within a few years, we will be spending more on interest payments than on national security. That is not, as our military friends say, a 'robust strategy.' »
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« Not one Republican president has balanced the budget in 34 years. You can not trust Republicans with your money. »
Howard Dean