Meaning of the word budget in English

What does budget mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

budget

US /ˈbʌdʒ.ɪt/
UK /ˈbʌdʒ.ɪt/
"budget" picture

Noun

1.

an estimate of income and expenditure for a set period of time

Example:
We need to create a detailed budget for the upcoming project.
The government announced a new national budget.
2.

the amount of money needed or available for a particular purpose

Example:
We have a limited budget for marketing.
The project went over budget.

Verb

1.

to plan how much money will be spent and on what

Example:
It's important to budget your expenses carefully.
We need to budget for new equipment next year.

Adjective

1.

inexpensive; costing very little

Example:
We stayed at a budget hotel to save money.
She's looking for a budget flight to Europe.
Learn This Word at Lingoland