Definify.com
Webster 1913 Edition
Budget
Budg′et
,Noun.
1.
A bag or sack with its contents; hence, a stock or store; an accumulation;
as, a
. budget
of inventions2.
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 1828 Edition
Budget
BUDG'ET
, n.1.
A bag; a little sack, with its contents. Hence, a stock or store; as a budget of inventions.2.
The papers respecting the finances of the British nation.To open the budget,to lay before a legislative body the papers of the Executive Government.