Budget - Dictionary Definition and Overview

Budget :  (noun)
1: a sum of money allocated for a particular purpose; "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; "the president submitted the annual budget to Congress" (verb)

1: make a budget

Based on WordNet 2.0

Budget : \Budg"et\, n. [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.

Based on WordNet (r) 2.0 (August 2003)

Example Usage of Budget

DrmrBoy76: @rgolay Budget?
shiroiyasha: RT @javicastro: Si les gusto "The Man from Earth" no se pueden perder "Los cronocrímenes" (Rewind/Timecrimes), low Budget + sci fi = win
flojohnson: Build your business even if you are on a tight Budget. Get tons of traffic. Free Videos! http://bit.ly/Xg8PZ
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