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NounSino-Korean: 豫算
- 1
budget
The act of estimating and setting aside necessary expenses in advance; or such expenses.
Korean definition: 필요한 비용을 미리 계산해서 정함. 또는 그런 비용.
My older sister makes a budget when spending her allowance and uses it frugally.
Our company decided to cut this year's budget compared with last year.
- 2
budget
The act of developing a plan for where money will be spent by estimating income and expenses in a government, organization, company, etc.; or such a plan.
Korean definition: 국가나 단체, 회사 등에서 수입과 지출을 미리 계산해 돈을 어떻게 사용할 것인지 계획을 세움. 또는 그 계획.
Every year, the state sets a budget to manage its funds.
At the end of the year, governments and companies check whether expenses were used properly according to the initial budget.