Meaning of budget In English

• 0 a plan to show how much money a person or organization will earn and how much they will need or be able to spend:

  • The firm has drawn up a budget for the coming financial year.

  • Libraries are finding it increasingly difficult to remain within (their) budget.

  • an annual budget of £40 million

• 1 to plan how much money you will spend on something:

  • An extra $20 million has been budgeted for schools this year.

• 2 very cheap:

  • a budget holiday/hotel/price

• 3 in the UK, the official statement that the government makes about how much it will collect in taxes and spend on public services in the future

• 4 a financial plan that lists expected expenses and income during a particular period:

  • Congress voted more funds for the defense budget.

• 5 low in price; cheap:

  • Budget airlines have forced major airlines to lower some of their prices.

• 6 to plan to spend money for a particular purpose:

  • [ T ] They budgeted $6000 for property taxes this year.

  • [ T ] You will have to learn how to budget your time to get all your work done.

• 7 a plan that shows how much money an organization expects to earn and spend during a particular period of time, and how it will spend its money:

  • work on/draw up/establish a budget Corporate planners are busy drawing up a budget for the next fiscal year.

  • Fourth quarter results will be factored into the budget.

  • a project/departmental/corporate budget

  • an annual/monthly/quarterly budget

• 8 the amount of money you are allowed to spend for a particular purpose:

  • a budget of $4 million/€1000/£100, etc. She was given a budget of $5,000 a month to raise the four children.

  • cut/reduce/increase/raise a budget Local agencies were forced to cut their budgets by 50%.

  • over/under/on/within budget The project came in $5,000 over budget.

  • their research/marketing budget

• 9 an official statement from the government which explains how much money it plans to collect in taxes and spend on public services during the next year:

  • The Chancellor will be announcing the Budget next week.

  • state/federal/city/national budget

• 10 not having much money:

  • Mortgage advisers urge anyone on a tight budget to choose a fixed rate so they know they can afford the repayments.

• 11 to calculate how much money you must earn or save during a particular period of time, and plan how you will spend it:

  • With housing costs rising, prospective homeowners will need to budget very carefully.

  • be budgeted for sth Over $3 million has been budgeted for medical research.

  • be budgeted at sth The project, which is budgeted at $200,000, will be completed in eight months.

• 12 costing very little money:

  • They offer everything from luxury hotels to budget accommodation.

  • budget travel/ flights

• 13 offering something for a very low price:

  • a budget airline/carrier