Budget

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Budget [1]

(1): (n.) 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.

(2): (n.) A bag or sack with its contents; hence, a stock or store; an accumulation; as, a budget of inventions.

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