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1bud·get Listen to audio/ˈbʌʤət/ noun
plural bud·gets
1 a : an amount of money available for spending that is based on a plan for how it will be spent [count] What's the average weekly/monthly/annual budget for a family of five? The film has a million-dollar budget. He's been trying to live on a budget of less than $1,500 a month. a movie with a big budget = a big-budget movie [=a movie that costs a lot of money to make] a movie with a low/small budget = a low-budget movie [=a movie that does not cost a lot of money to make] [noncount] The project was completed on schedule and under budget. [=it was completed for less money than had been planned] We're still within budget. [=we still are not spending more money than we planned to spend] The director always goes over budget on his films. [=the director always spends more money than is planned]often used before another noun The governor will discuss the state's budget deficit/surplus. a budget crisis budget cuts
b [count] : a plan used to decide the amount of money that can be spent and how it will be spent
We'll have to work out a budget so we can buy a new car. The government may have to raise taxes to balance the budget. [=to have enough money to provide the amount that is being spent] If you are on a budget, you have planned how you will spend your money usually because you do not have a lot to spend and need to save money.
The store has great bargains for people on a budget. [=people who do not have much money to spend] She started her business on a small/tight/shoestring budget [=she did not have much money when she started her business] and could not afford to overspend.
2 [count] : an official statement from a government about how much it plans to spend during a particular period of time and how it will pay for the expenses
— bud·get·ary Listen to audio /ˈbʌʤəˌteri, Brit ˈbʌʤətri/ adjective, formal
budgetary plans/matters/issues/constraints/cuts

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