budget

noun B2

Meaning

A budget is a detailed plan that outlines expected income and expenditures over a specific period, often used to manage finances effectively.
💡 A common mistake is to confuse "budget" with "spending," as a budget is a plan rather than actual expenses.

Example Sentences

The company approved the budget for the upcoming financial year .
We need to check the budget before buying new furniture .
What is the monthly budget for your household expenses ?

Never forget "budget"

Set a daily goal, reinforce with word cards and games, and track your progress in the Vocab5000 app — learn every B2 level word permanently with our science-based repetition system.

Vocab5000