noun
plural budgets
an amount of money available for spending that is based on a plan for how it will be spent [count]
[count] :a plan used to decide the amount of money that can be spent and how it will be spent
If you are on a budget, you have planned how you will spend your money usually because you do not have a lot to spend and need to save money.
[count] :an official statement from a government about how much it plans to spend during a particular period of time and how it will pay for the expenses
verb
-gets; -geted; -geting
[+ obj] :to plan to spend (an amount of money) for a particular purpose
[no obj] :to make and follow a plan for spending your money
[+ obj] :to plan how to use (something, such as your time)
adjective
always used before a noun
low in price :suitable for someone who is on a budget