• News By Shawn
    Definition:
    Budget - (n.) A bag or sack with its contents; hence, a stock or store; an accumulation; as, a budget of inventions.
    Budget - (n.) The annual financial statement which the British chancellor of the exchequer makes in the House of Commons. It comprehends a general view of the finances of the country, with the proposed plan of taxation for the ensuing year. The term is sometimes applied to a similar statement in other countries.
    News By Shawn
    Oxford: Definition:
    Budget - n. 1 amount of money needed or available. 2 a (the budget) government's annual estimate or plan of revenue and expenditure. B similar estimate by a company etc. 3 (attrib.) Inexpensive. v. (-t-) (often foll. By for) allow or arrange for in a budget. budgetary adj. [latin bulga bag]

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