budget

UK: ˈbʌdʒɪt | US: ˈbʌdʒɪt

Definition
  1. n. 1. A financial plan estimating income and expenses for a set period.

  2. n. 2. The amount of money allocated or available for a purpose.

  3. vt. 3. To allocate funds for specific purposes in advance.

Structure
bouge <leather bag>et <diminutive suffix>
Etymology

budget = bouge<leather bag> + et<diminutive suffix>

  • bouge (from Old French bouge, meaning "leather bag" or "purse")
  • et (diminutive suffix in Old French, indicating "small")

Etymology Origin:
The word "budget" originated in 15th-century Middle English, derived from the Old French bougette, meaning "small leather pouch." This term referred to a bag used to carry money or documents. By the 18th century, "budget" evolved metaphorically to describe the contents of such a pouch—specifically, financial plans or allocations—mirroring the modern sense of managing resources.

Examples
  1. The company approved next year's budget after careful review.

  2. We need to budget carefully to avoid overspending.

  3. The government announced a budget deficit due to increased healthcare costs.

  4. She keeps a strict monthly budget for groceries.

  5. The project was delayed because of budget constraints.