budget

//ˈbʌdʒɪt//
B1Frequency Level 5Neutral
Visual representation of budget

Noun

budgetSingular
budgetsPlural
1

A plan for how to spend money over a particular period of time, showing expected income and expenses.

We need to create a budget for next year.

2

The amount of money available or allocated for a specific purpose.

We need to stay within our budget for this project.

Verb

budgetedPast tense
budgetedPast participle
budgetingPresent participle
budgetsThird-person singular
1

To plan how to spend money carefully; to allocate funds according to a budget.

We need to budget carefully for our vacation.

2

To provide or allocate a specific amount of money for something.

The company budgeted $50,000 for marketing this year.

Adjective

1

Inexpensive or cheap; designed for people with limited money.

We stayed at a budget hotel near the airport.

budget - Deep Vocabulary