NOUN (2)

1. a sum of money allocated for a particular purpose;
- Example: "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;
- Example: "the president submitted the annual budget to Congress"


VERB (1)

1. make a budget;

The Collaborative International Dictionary of English v.0.48:

Budget \Budg"et\, n. [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.
      [1913 Webster]

   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.
      [1913 Webster]

   To open the budget, to lay before a legislative body the
      financial estimates and plans of the executive government.
      [1913 Webster]

WordNet (r) 3.0 (2006):

budget
    n 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"
    v 1: make a budget

Moby Thesaurus II by Grady Ward, 1.0:

242 Moby Thesaurus words for "budget":
   Swiss bank account, abundance, accounts, accounts payable,
   accounts receivable, accumulation, agenda, aggregate, allotment,
   allowance, amassment, amount, assets, backlog, balance, bale,
   bank account, batch, batting order, big end, bigger half, bill,
   bill of fare, bindle, bit, bite, blueprint, bolt, book,
   bottom dollar, bouquet, budget items, budgeting, bulk, bunch,
   bundle, burden of expenditure, calendar, card, carrying charge,
   carte du jour, cash reserves, charges, cheap, checking account,
   chunk, clutch, collection, command of money, commissariat,
   commissary, commission, contingent, cornucopia, cost,
   cost of living, cost out, cost-of-living allowance,
   cost-of-living index, costing-out, costs, count, cumulation, cut,
   deal, deck, destiny, direct costs, disbursals, disburse,
   distributed costs, dividend, docket, dole, dose, dump, easy,
   economic, economy, end, equal share, exchequer, expend,
   expenditures, expense, expense account, expenses, fagot, fardel,
   fasces, fascine, fate, finances, fork out, frugal, fund, funds,
   general expenses, go through, gob, group, half, halver, heap,
   helping, hoard, hunk, incur costs, indirect costs, inexpensive,
   interest, inventory, invest, kitty, labor costs, larder,
   large amount, lay out, liabilities, life savings, line up, lineup,
   list of agenda, lot, low, low-priced, manageable, mass, material,
   material costs, materials, materiel, means, measure, meed, menu,
   mess, moderate, modest, modicum, moiety, moneys, munitions,
   nest egg, nominal, nosegay, number, open the purse,
   operating costs, operating expense, outlay, outstanding accounts,
   overhead, pack, package, packet, parcel, part, pay, pay out,
   pecuniary resources, percentage, piece, pile, playbill, plenitude,
   plenty, pocket, pool, portion, posy, prime cost, program,
   program of operation, programma, proportion, prospectus, protocol,
   provisionment, provisions, purse, put out, quantity, quantum,
   quiver, quota, rake-off, ration, rations, reasonable, receipts,
   repertoire, repertory, replacement cost, reserves, resources, rick,
   roll, roster, rouleau, run through, savings, savings account,
   schedule, segment, sensible, shabby, share, shoddy, sink money in,
   slate, slice, small amount, small share, spend, splurge, squander,
   stack, stake, stock, stock-in-trade, stockpile, store, stores,
   substance, sum, supplies, supply on hand, swindle sheet,
   throw money around, token, total, treasure, treasury, truss,
   unexpensive, unit cost, unpaid accounts, unregistered bank account,
   wherewithal, within means, worth the money