Budget
A plan that shows how much money a person or organization has and how it will be spent over a specific period.
Examples
3 of 5I need to stick to my weekly grocery budget.
I must spend only the amount of money I planned for food each week.
The annual budget was presented to the parliament yesterday.
The yearly financial plan was shown to the government officials.
Let's find a budget hotel for our trip to London.
Let's find a cheap hotel for our vacation.
Synonyms
Antonyms
Word Family
Memory Tip
Budget rhymes with 'fudge it' — but if you fudge your budget, you'll run out of money!
Quick Quiz
The project was completed on time and ______ budget.
Correct!
The correct answer is: within
Examples
I need to stick to my weekly grocery budget.
everydayI must spend only the amount of money I planned for food each week.
The annual budget was presented to the parliament yesterday.
formalThe yearly financial plan was shown to the government officials.
Let's find a budget hotel for our trip to London.
informalLet's find a cheap hotel for our vacation.
Fiscal policy is primarily managed through the national budget.
academicGovernment money rules are mostly controlled by the country's spending plan.
The marketing department has exceeded its budget for the third quarter.
businessThe advertising team spent more money than they were allowed between July and September.
Synonyms
Antonyms
Word Family
Common Collocations
Common Phrases
on a budget
with a limited amount of money to spend
stick to a budget
to spend only what you planned
balance the budget
to make sure spending does not exceed income
Often Confused With
Economy refers to the system of trade and industry; budget refers to a specific spending plan.
Usage Notes
It can be used as a noun, a verb ('to budget your money'), or an adjective ('a budget airline').
Common Mistakes
Avoid saying 'on budget' when you mean 'within budget' (though 'on budget' is sometimes used for timing, 'within' is safer for money).
Memory Tip
Budget rhymes with 'fudge it' — but if you fudge your budget, you'll run out of money!
Word Origin
From Old French 'bougette', meaning a little leather bag.
Grammar Patterns
Quick Quiz
The project was completed on time and ______ budget.
Correct!
The correct answer is: within
Related Vocabulary
More finance words
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