Definition of Budget
Budget
bud·get
Definition/Meaning
(noun)
the amount of something, usually money or time, allotted or dedicated for spending on certain items, events, etc.;
e.g. Our spending budget is tight this month, so we can't buy any unnecessary things like takeout or fancy coffee.
(verb)
to allocate or allow a particular amount of money for spending in a budget;
e.g. He budgeted $2000 for rent and utilities.
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