budget
/ˈbʌdʒ.ɪt/noun
The sum of money or resources set aside for a specific purpose, organization, or period.
Example sentences
- “The city increased its budget for road repairs this year.”
- “We set a monthly budget of four hundred dollars for groceries.”
As an adjective it means cheap: a budget airline, a budget hotel. "On a budget" describes a person with little to spend.