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.
n 1: a sum of money allocated for a particular purpose; "the
laboratory runs on a budget of a million a year"
2: a summary of intended expenditures along with proposals for
how to meet them; "the president submitted the annual
budget to Congress"
v : make a budget