noun · neutral

budget

/ˈbʌdʒɪt/BUD·get

Band 5-6task2speaking

A plan that shows how much money a person, organization or government will spend and receive.

Examples

The city council approved the annual budget last week.

Families on a tight budget often cook at home.

We must cut the budget for public services.

Band 8 sentence

Faced with shrinking revenues, the council prioritised essential services when drawing up the next fiscal budget.

Collocations

  • national budget
  • household budget
  • budget cut

Word family

budget nounbudgetary adjectivebudgets noun (plural)

Common mistakes

moneybudget

We must budget cutWe must cut the budget

Say it for a higher band

5money6cost7+budget

Synonyms

allocation

spending plan

Easily confused

bill

The government passed the new budget yesterday.

Related words

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In Society & Government

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