Definition of Budgit
Budg"et (&?;), n. [OE. bogett,
bouget, F. bougette bag, wallet, dim. of OF. boge,
bouge, leather bag. See Budge, n., and cf.
Bouget.] 1. A bag or sack with its contents;
hence, a stock or store; an accumulation; as, a budget of
inventions.
2. The annual financial statement which the British
chancellor of the exchequer makes in the House of Commons. It comprehends a
general view of the finances of the country, with the proposed plan of
taxation for the ensuing year. The term is sometimes applied to a similar
statement in other countries.
To open the budget, to lay before a legislative
body the financial estimates and plans of the executive
government.
- Webster's Unabridged Dictionary (1913)
BUDGET. A wallet. To open the budget; a term used
to signify the notification of the taxes required by the
minister for the expences of the ensuing year; as To-morrow
the minister will go to the house, and open the
budget.
- The Devil's Dictionary (Ambrose Bierce)
- of, or relating to a budget
- appropriate to a restricted budget
We flew on a budget airline.
- Amount of money or resources earmarked for a particular activity or time-frame.
- An itemized summary of intended expenditure
- To construct or use a budget
- The Nuttall Encyclopedia
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