an estimate of income and expenditure for a set period of time, the amount of money needed or available for a purpose

within budget, budget squeeze, budget hawk

on a budget, budget cut, budget deficit

Formal and Informal Expressions of budget

In different contexts, you can replace 'budget' with suitable alternatives. In a more formal setting, 'financial plan, spending plan, estimate' is apt. In informal speech or writing, 'money plan, spending limit' is a commonplace synonym.

budget: Explore its Definition & Usage

budget Definition

1an estimate of income and expenditure for a set period of time
2the amount of money needed or available for a purpose

Using budget: Examples

Take a moment to familiarize yourself with how "budget" can be used in various situations through the following examples!

Example
The company has to work within a tight budget this year.
Example
We need to create a budget for our household expenses.
Example
The government has allocated a large budget for education this year.
Example
The film was made on a shoestring budget.

budget Synonyms and Antonyms

Synonyms for budget

estimate
allocation
allowance
financial plan
spending plan

Antonyms for budget

Idioms Using budget

within budget
spending no more money than was planned or available
Example
The project was completed within budget and on time.
budget squeeze
a situation in which there is not enough money available to cover all necessary expenses
Example
The company is experiencing a budget squeeze due to rising costs and falling revenue.
budget hawk
a person who advocates for strict control of government spending
Example
The senator is known as a budget hawk, always pushing for cuts in government programs.

Phrases with budget

on a budget
with a limited amount of money available
Example
We're traveling on a budget, so we're staying in hostels and cooking our own meals.
budget cut
a reduction in the amount of money available for a particular purpose
Example
The school had to make budget cuts due to a decrease in funding.
budget deficit
a situation in which the amount of money spent is greater than the amount of money earned or received
Example
The country is facing a budget deficit due to overspending on military programs.

Origins of budget

from Old French 'bougette', meaning 'little bag'

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Summary: budget in Brief

The term 'budget' [ˈbʌdʒɪt] refers to an estimate of income and expenditure for a set period of time, or the amount of money available for a purpose. It can be used in contexts ranging from personal finance to government spending, as in 'The government has allocated a large budget for education this year.' 'Budget' also appears in phrases like 'on a budget,' indicating a limited amount of money, and idioms like 'budget hawk,' referring to someone who advocates for strict control of spending.