Work and business / B1

BUJ-it/ˈbʌdʒɪt/

A budget is a spending plan or the money available: a tight budget; on a budget; budget for travel. Cost is what you pay; funds is the money itself. As a verb: budget for extras; over budget / under budget are exam collocations. Budget airline / hotel means cheap; the Budget (capital B) in British news is the government’s yearly tax plan.

Meaning

A plan of how much money you can spend, or the amount available.

Examples

• “The department has a small travel budget.”
• “We have to stay within budget this month.”
• “Have you budgeted for insurance?”

Good to know

on a budget. over / under budget. budget for + noun. Cheap: budget hotel. Not the same as cost.

Near in meaning

funds

Topics

New