budget budget /ˈbʌdʒɪt/

noun

1. () A sum of money allocated for a particular purpose  ( budget )
   a sum of money allocated for a particular purpose
    The laboratory runs on a budget of a million a year
   the laboratory runs on a budget of a million a year
   
2. () A summary of intended expenditures along with proposals for how to meet them  ( budget )
   a summary of intended expenditures along with proposals for how to meet them
    The president submitted the annual budget to Congress
   the president submitted the annual budget to Congress
   

verb

1. () Make a budget  ( budget )
   make a budget