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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 »

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