to open the budget

1 definition found

to open the budget - 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]