[ˈbʌdʒɪt]

Definitions

1. noun

a sum of money allocated for a particular purpose, or a plan for how money is to be spent

“The company has a budget of $10 million for the new project.”

2. verb

to plan or arrange the expenditure of (money) in a particular way

“The manager will have to budget the company’s expenses for the next quarter.”

3. verb

to limit or restrict the amount of something, especially money

“The government had to budget its spending to avoid a deficit.”

4. verb

to plan a course of action in a way that is carefully managed and controlled, especially to achieve a particular goal or target

“The team had to budget their time carefully to meet the deadline.”