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budget

   Also found in: Dictionary/thesaurus, Financial, Acronyms, Encyclopedia, Wikipedia 0.35 sec.

budget

Estimate of income and expenditure for some future period, used in financial planning. National budgets set out estimates of government income and expenditure and generally include projected changes in taxation and growth.

Interim budgets are not uncommon, in particular, when dramatic changes in economic conditions occur. Governments will sometimes construct a budget deficit or surplus as part of macroeconomic policy.

In June 1999, President Clinton announced that the US budget would be more than US$1 trillion above that expected over the next 15 years as a result of the country's booming economy. He expected that the USA would be entirely out of debt by 2015.
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? Mentioned in ? References in classic literature
 
His plan, in its simplest form, was to revise taxation and lower it in a way that should not diminish the revenues of the State, and to obtain, from a budget equal to the budgets which now excite such rabid discussion, results that should be two-fold greater than the present results.
Bureaucracy by de Balzac, Honore View in context
All these masons claim to be architects, are paid by the prefecture or from the petty budget, and wear green coats.
Notre-Dame de Paris by Hugo, Victor View in context
He carried a sword over his shoulder, and slung on it a budget or bundle of his clothes apparently, probably his breeches or pantaloons, and his cloak and a shirt or two; for he had on a short jacket of velvet with a gloss like satin on it in places, and had his shirt out; his stockings were of silk, and his shoes square-toed as they wear them at court.
Don Quixote by Cervantes, Miguel View in context
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