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Budget vs Allowance - What's the difference?

budget | allowance |

In obsolete terms the difference between budget and allowance

is that budget is a wallet, purse or bag while allowance is license; indulgence.

As an adjective budget

is of or relating to a budget.

budget

English

(wikipedia budget)

Noun

(en noun)
  • (obsolete) A wallet, purse or bag.
  • * 1590 , Edmund Spenser, The Faerie Queene , III.x:
    • With that out of his bouget forth he drew / Great store of treasure, therewith him to tempt [...].
  • The amount of money or resources earmarked for a particular institution, activity or time-frame.
  • An itemized summary of intended expenditure; usually coupled with expected revenue.

    • Derived terms

    * black budget * budgetary * budgeteer * budgeter * champagne taste on a beer budget * high-budget * low-budget

    Adjective

    (-)
  • Of or relating to a budget.
  • Appropriate to a restricted budget.
    • We flew on a budget airline.

    Synonyms

    * (appropriate to a restricted budget) low-cost

    Verb

    (en verb)
  • To construct or draw up a budget.
    • ''Budgeting is even harder in times of recession
  • To provide funds, allow for in a budget.
    • ''The PM’s pet projects are budgeted rather generously
  • To plan for the use of in a budget.
    • The prestigious building project is budgeted in great detail, from warf facilities to the protocollary opening.

    allowance

    English

    (wikipedia allowance)

    Alternative forms

    * allowaunce (obsolete)

    Noun

    (en noun)
  • The act of allowing, granting, conceding, or admitting; authorization; permission; sanction; tolerance.
  • * Without the king's will or the state's allowance. --
  • Acknowledgment.
  • * The censure of the which one must in your allowance overweigh a whole theater of others. --
  • That which is allowed; a share or portion allotted or granted; a sum granted as a reimbursement, a bounty, or as appropriate for any purpose; a stated quantity, as of food or drink; hence, a limited quantity of meat and drink, when provisions fall short.
  • * I can give the boy a handsome allowance. -- .
  • Abatement; deduction; the taking into account of mitigating circumstances; as, to make allowance for the inexperience of youth.
  • * After making the largest allowance for fraud. -- .
  • (commerce) A customary deduction from the gross weight of goods, different in different countries, such as tare and tret.
  • A child's allowance; pocket money.
    • She gives her daughters each an allowance of thirty dollars a month.
  • (minting) A permissible deviation in the fineness and weight of coins, owing to the difficulty in securing exact conformity to the standard prescribed by law.
  • (obsolete) approval; approbation
    • (Crabbe)
  • (obsolete) license; indulgence
    • (John Locke)

    Synonyms

    * (money) * (minting) (l), (l)

    Verb

    (allowanc)
  • To put upon a fixed allowance (especially of provisions and drink); to supply in a fixed and limited quantity.
    • The captain was obliged to allowance his crew.
    Our provisions were allowanced .