Meaning & use

budget

noun·Everyday

A plan for how money will be earned and spent over a set period of time.

See it in a sentence

The family created a monthly budget to keep track of their expenses.

The city council approved a new budget for road repairs next year.

A note on using this word

As an adjective, "budget" describes something inexpensive, as in "a budget hotel," and as a verb it means to plan spending carefully.

Words with a similar meaning

spending plan

Choose a synonym to suit the sentence. Meanings can overlap without being identical.

Make it your own

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