budget
- 01 B1 Intermediate
n.a plan that shows how much money you have and how you will spend it over a period of time.
n.an itemized summary of estimated or intended expenditures for a given period, often coupled with expected revenue.
Simple“We need to create a strict monthly budget to save for our summer holiday.”
In context“The department head presented a revised budget to the board, highlighting the need for increased investment in research and development.”
- 02 B1 Intermediate
n.the total amount of money available for a specific purpose or person.
n.the total sum of money or resources allocated for a particular institution, activity, or timeframe.
Simple“The school has a limited budget for new library books this year.”
In context“Despite the military's massive budget, several key infrastructure projects remained underfunded due to administrative inefficiencies.”
- 03 B2 Upper Intermediate
v.to plan how you will spend your money or time.
v.to plan the allocation of money or resources; often used with 'for'.
Simple“If you budget carefully, you can afford to eat out once a week.”
In context“The couple had to budget for unexpected repairs after the surveyor found issues with the house's foundation.”
UsageOften used as an intransitive verb or followed by the preposition 'for'.
- 04 B1 Intermediate
adj.cheap or suitable for people who do not have much money to spend.
adj.inexpensive; designed or marketed to suit a restricted amount of money.
Simple“We stayed at a budget hotel near the airport to save money.”
In context“The airline dominates the market by offering budget fares to major European cities, though they charge extra for checked luggage.”
Synonyms