budget

Universal Words noun, verb, adjective noun 1 [C,U] the money that is available to a person or an organization and a plan of how it will be spent over a period of time: a monthly / an annual / a family budget * the education / defence budget (= the amount of money that can be spent on this) * an advertising budget of $2 million * a big-budget movie * We decorated the house on a tight budget (= without much money to spend). * The work was finished on time and within budget (= did not cost more money than was planned). * They went over budget (= spent too much money). * budget cuts 2 (BrE also Budget) an official statement by the government of a country's income from taxes, etc. and how it will be spent: tax cuts in this year's budget * a budget deficit (= when the government spends more money than it earns) verb ~ (sth) (for sth)