budgetbud‧get1 /ˈbʌdʒɪt/ ●●○S3W3 noun [countable]1SPEND MONEYthe money that is available to an organization or person, or a plan of how it will be spentbudget ofa welfare program with a budget of $2 millionbudget forThe budget for photography has been cut.We had a really tight budget.on/within budget (=not using more money than planned)The project was completed within budget.under budget (=using less money than planned)If you come in under budget, everyone will be very impressed.over budget (=using more money than planned)Feature movies always run over budget.2 →on a budget3PEPG (also Budget) British English an officialstatement that a government makes about how much it intends to spend and what taxes will be necessaryCOLLOCATIONSADJECTIVES/NOUN + budgetan annual/monthly/weekly budgetThe organization has an annual budget of $24 million.the national/federal/state budgetHe has a plan to balance the federal budget.the defence/education etc budgetWe had to make cuts in the defence budget.the family/household budgetOften the husband and wife contribute equally to the family budget.a big/large budgetThe club does not have a large budget for new players.a small/low/limited budgetIt was a project with a low budget.a tight budget (=small and limited)Most young people have to live within a tight budget.a fixed budgetOur clients usually have a fixed budget.a shoestring budget (=a very small budget)The film had been made on a shoestring budget.a total budgetThe National Institute of Health had a total budget of $11. 3 billion.an overall budget (=total)There has been an increase in the overall budget made available by the Government for training.verbshave a budgetHospital caterers have a budget of about £20 per person per week.overspend your budgetThe Metropolitan Police has overspent its budget by £70 million.keep within a budget (=spend only the money that is available)Further cuts are needed in order to keep within the budget.balance the budget (=spend only the money that is available)the importance of balancing the budget and cutting taxesbudget + NOUNa budget deficit (=when a government has spent more money than it has)The country has a budget deficit of over $4 billion.a budget surplus (=when a government has more money than it spends)A huge budget surplus of over £16 billion was recorded. budget cuts (=reductions in the amount of money that is available)The department has suffered severe budget cuts.
budget• a budgetflight• The TouristInformationOffice will give you a list of budgethotels in the area.Budget, thethe BudgetBudget, thein the UK, a plan for how the government will collect all the money it needs, which is announced each year by the chancellor of the exchequer (=the minister in charge of financialmatters). The Chancellor is always shown going to Parliamentcarrying a specialred case that contains the Budget speech. The speech is broadcast on television and radio, and most people take an interest in the effects of the Budget on taxes and on the price of things like petrol, alcohol, and cigarettes.From Longman Business DictionaryBudgetBud‧get /ˈbʌdʒɪt/ noun [countable]ECONOMICSan official statement that a government makes about how much it intends to spend and what the rates of taxes will be for the next year or six monthsThere is a great deal in the Budget to help investment.This year’s Budget is expected to include measures to help small businesses.budgetbudget1 noun [countable]1ACCOUNTINGFINANCEa detailed plan made by an organization or a government of how much it will receive as income over a particular period of time, and how much it will spend, what it will spend the money on etcEach year business managers draw up a budget and suggest a series of financial targets.The President has promised to balance the government’s budget (=make sure that no more is spent than is received as income) within three years. →advertising budget →austerity budget →balanced budget →capital budget →cash budget →sales budget →unbalanced budget2COMMERCEFINANCEthe amount of money that an organization has to spend on a particular activity in a given period of time, usually a yearHospital caterers have a budget of about £10 per person per week.The service operates on a very tight budget (=with very little money to spare).The film was made on a shoestring budget (=a very small budget). → see alsomini-budget3on a budget if you are on a budget, you have to do something with as little money as possibleOur self catering apartments are popular with those on a budget.budgetbudget2 verb [intransitive, transitive]ACCOUNTINGCOMMERCEto carefully plan and control how much you spendbudget (something) for something$100 million has been budgeted for fees and expenses. —budgeted adjectiveThe group has been trading slightly below budgeted levels.the gap between budgeted sales and turnover→ See Verb table