from
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]