noun / verb
budget
BUJ-it/ˈbʌdʒɪt/
A plan for allocating available money, time, or other resources.
She divides the household budget among rent, food, and transportation.
Etymology
Originally a small leather pouch, a budget became a financial plan through the image of a treasury minister keeping plans for spending and revenue in a wallet.
In context
Cost control is about tracking how we're spending money against our budget.
More examples
- We budgeted two hours for the museum visit.
- The project stayed within its small budget.
- They are budgeting carefully to replace the roof.
Forms
budget · budgets · budgeted · budgeting
Similar words
- allowance
- An amount set aside or permitted, while a budget plans its allocation.