Laxi Dictionary

English Dictionary

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Definition budget in British English

budget noun

[countable] noun
/ˈbʌdʒɪt/
1

the amount of money a person or organization has to spend on something

Example

Two-thirds of their budget goes on labour costs.

Example

Try to work out a monthly budget and stick to it.

Example

All schools are expected to manage their own budgets.

Example

So far the project is more or less on budget.

Example

The film is already way over budget.

Example

They run the magazine on a pretty tight budget.

1.1

the amount of money a government has to spend

Example

There will be no further increase in the education budget.

Example

The budget deficit needs to be reduced by some £12 billion.

2

a statement about the financial position of the UK, given in a speech to Parliament every year and including details about future changes to taxes and public spending

Synonyms and related words
agent backbench backbencher
Definition budget in British English