Budget
Budget ({not transcribed}) , noun
[Old English bogett, bouget, French bougette bag, wallet, dim. of Old French boge, bouge, leather bag. See Budge, n., and compare 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.
Collocations (1)
To open the budget , to lay before a legislative body the financial estimates and plans of the executive government.