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From The Collaborative International Dictionary of English v.0.48 [gcide]:
Budget \Budg"et\, noun [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.
From WordNet (r) 3.0 (2006) [wn]:
noun
1: a sum of money allocated for a particular purpose; "the laboratory runs on a budget of a million a year"
2: a summary of intended expenditures along with proposals for how to meet them; "the president submitted the annual budget to Congress"
verb
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Definitions retrieved from the Open Source DICT Webster's English and WordNet 3.0 dictionaries. Click here for database copyright information.
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