Definition of Budget. Meaning of Budget. Synonyms of Budget
Here you will find one or more explanations in English for the word Budget.
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Definition of Budget
Budget Budget Budg"et, n. [OE. bogett, bouget, F. bougette bag,
wallet, dim. of OF. boge, bouge, leather bag. See Budge,
n., and cf. Bouget.]
1. A bag or sack with its contents; hence, a stock or store;
an accumulation; as, a budget of inventions.
2. The annual financial statement which the British
chancellor of the exchequer makes in the House of Commons.
It comprehends a general view of the finances of the
country, with the proposed plan of taxation for the
ensuing year. The term is sometimes applied to a similar
statement in other countries.
To open the budget, to lay before a legislative body the
financial estimates and plans of the executive government.