Definition of Budget:

  1. An estimate of costs, revenues, and resources over a specified period, reflecting a reading of future financial conditions and goals.

    One of the most important administrative tools, a budget serves also as a (1) plan of action for achieving quantified objectives, (2) standard for measuring performance, and (3) device for coping with foreseeable adverse situations.

  2. An estimate of income and expenditure for a set period of time.

  3. Allow or provide a particular amount of money in a budget.

  4. A budget is an estimation of revenue and expenses over a specified future period of time and is usually compiled and re-evaluated on a periodic basis. Budgets can be made for a person, a group of people, a business, a government, or just about anything else that makes and spends money.

  5. Inexpensive.

  6. A budget is a microeconomic concept that shows the trade-off made when one good is exchanged for another. In terms of the bottom line – or the end result of this trade-off – a surplus budget means profits are anticipated, a balanced budget means revenues are expected to equal expenses, and a deficit budget means expenses will exceed revenues.

  7. A quantity of material, typically that which is written or printed.

Synonyms of Budget

Allocate, Allot, Assign, Allow, Earmark, Devote, Designate, Appropriate, Set aside, Financial plan, Financial estimate, Financial blueprint, Prediction of revenue and expenditure, Forecast, Swiss bank account, Abundance, Accounts, Accounts payable, Accounts receivable, Accumulation, Agenda, Aggregate, Allotment, Allowance, Amassment, Amount, Assets, Backlog, Balance, Bale, Bank account, Batch, Batting order, Big end, Bigger half, Bill, Bill of fare, Bindle, Bit, Bite, Blueprint, Bolt, Book, Bottom dollar, Bouquet, Budget items, Budgeting, Bulk, Bunch, Bundle, Burden of expenditure, Calendar, Card, Carrying charge, Carte du jour, Cash reserves, Charges, Cheap, Checking account, Chunk, Clutch, Collection, Command of money, Commissariat, Commissary, Commission, Contingent, Cornucopia, Cost, Cost of living, Cost out, Cost-of-living allowance, Cost-of-living index, Costing-out, Costs, Count, Cumulation, Cut, Deal, Deck, Destiny, Direct costs, Disbursals, Disburse, Distributed costs, Dividend, Docket, Dole, Dose, Dump, Easy, Economic, Economy, End, Equal share, Exchequer, Expend, Expenditures, Expense, Expense account, Expenses, Fagot, Fardel, Fasces, Fascine, Fate, Finances, Fork out, Frugal, Fund, Funds, General expenses, Go through, Gob, Group, Half, Halver, Heap, Helping, Hoard, Hunk, Incur costs, Indirect costs, Inexpensive, Interest, Inventory, Invest, Kitty, Labor costs, Larder, Large amount, Lay out, Liabilities, Life savings, Line up, Lineup, List of agenda, Lot, Low, Low-priced, Manageable, Mass, Material, Material costs, Materials, Materiel, Means, Measure, Meed, Menu, Mess, Moderate, Modest, Modicum, Moiety, Moneys, Munitions, Nest egg, Nominal, Nosegay, Number, Open the purse, Operating costs, Operating expense, Outlay, Outstanding accounts, Overhead, Pack, Package, Packet, Parcel, Part, Pay, Pay out, Pecuniary resources, Percentage, Piece, Pile, Playbill, Plenitude, Plenty, Pocket, Pool, Portion, Posy, Prime cost, Program, Program of operation, Programma, Proportion, Prospectus, Protocol, Provisionment, Provisions, Purse, Put out, Quantity, Quantum, Quiver, Quota, Rake-off, Ration, Rations, Reasonable, Receipts, Repertoire, Repertory, Replacement cost, Reserves, Resources, Rick, Roll, Roster, Rouleau, Run through, Savings, Savings account, Schedule, Segment, Sensible, Shabby, Share, Shoddy, Sink money in, Slate, Slice, Small amount, Small share, Spend, Splurge, Squander, Stack, Stake, Stock, Stock-in-trade, Stockpile, Store, Stores, Substance, Sum, Supplies, Supply on hand, Swindle sheet, Throw money around, Token, Total, Treasure, Treasury, Truss, Unexpensive, Unit cost, Unpaid accounts, Unregistered bank account, Wherewithal, Within means, Worth the money, Cheap, Inexpensive, Economy, Economic, Economical, Low-cost, Low-price, Low-budget, Reasonable, Reasonably priced, Cut-price, Cut-rate, Discount, Discounted, Bargain, Bargain-basement

How to use Budget in a sentence?

  1. A budget is an estimation of revenue and expenses over a specified future period of time and is utilized by governments, businesses, and individuals.
  2. The university is budgeting for a deficit.
  3. Keep within the household budget.
  4. A budget guitar.
  5. Personal budgets are extremely useful in managing an individual's or family's finances over both the short and long term horizon.
  6. The budget was set and we could not alter our figures because we were held accountable by the new CEO.
  7. A budget is basically a financial plan for a defined period, normally a year. It greatly enhances the success of any undertaking. As the saying goes, "if you fail to plan then plan to fail.".
  8. Corporate budgets are essential for operating at peak efficiency. Aside from earmarking resources, a budget can also aid in setting goals, measuring outcomes and planning for contingencies.
  9. To make sure that your spending doesnt get out of control you need to set a strict budget that you always stick to.
  10. I did not wanna buy the item because it did not fit my budget and I needed to buy things that were less expensive.

Meaning of Budget & Budget Definition