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1 definition found
From:
Webster's Revised Unabridged Dictionary (1913)
Budg·et
n.
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
.
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