To open the budget
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]


The Collaborative International Dictionary of English. 2000.

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