budget

Definition

noun
  1. a plan of expected spending and income for a period of time
    Examples to draw up a budget for salaries for the coming year • We have agreed on the budgets for next year.
  2. Usage the Budget
    the annual plan of taxes and government spending
    Example The minister put forward a budget aimed at boosting the economy.
verb
  • to plan probable income and expenditure
    Example We are budgeting for $10,000 of sales next year.
"…he budgeted for further growth of 150,000 jobs (or 2.5 per cent) in the current financial year"[Sydney Morning Herald]
"…the Federal government’s budget targets for employment and growth are within reach according to the latest figures"[Australian Financial Review]
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