I. ˈbə-jət noun
Etymology: Middle English bowgette, from Middle French bougette, diminutive of bouge leather bag, from Latin bulga, of Celtic origin; akin to Middle Irish bolg bag; akin to Old English belg bag — more at belly
Date: 15th century
1. chiefly dialect : a usually leather pouch, wallet, or pack ; also : its contents
2. : stock , supply
3. : a quantity (as of energy or water) involved in, available for, or assignable to a particular situation ; also : an account of gains and losses of such a quantity
the global carbon budget
4.
a. : a statement of the financial position of an administration for a definite period of time based on estimates of expenditures during the period and proposals for financing them
b. : a plan for the coordination of resources and expenditures
c. : the amount of money that is available for, required for, or assigned to a particular purpose
• bud·get·ary ˈbə-jə-ˌter-ē, -ˌte-rē adjective
II. verb
Date: 1618
transitive verb
1.
a. : to put or allow for in a budget
b. : to require to adhere to a budget
2.
a. : to allocate funds for in a budget
budget a new hospital
b. : to plan or provide for the use of in detail
budget ing manpower
intransitive verb
: to put oneself on a budget
budget ing for a vacation
III. adjective
Date: 1941
: suitable for one on a budget : inexpensive