The budget
Example: Budget plans income and expenses over a specific period
Definition
"The budget" refers to a financial plan that estimates income and expenses over a specific period, helping individuals or organizations manage their money effectively and allocate resources appropriately.
Etymology
The term "the budget" originates from the Old French word 'bougette,' meaning a small bag or pouch. It evolved in English to describe a statement of expected income and expenditures, much like a bag containing money for planned use.
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"The budget" appears in the Vocaplus list "English - Finance - (A1-C2) - set 1", containing 150 commonly used words.
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