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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.

Synonyms for budget

  • allocation
  • allowance
  • funds

Related words