American English

Definition of budget adjective from the Oxford Advanced American Dictionary

 

budget

 adjective
adjective
NAmE//ˈbʌdʒət//
 
[only before noun]
 
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(used in advertising, etc.) low in price a budget flight/hotel Thesauruscheapcompetitive budget affordable reasonable inexpensiveThese words all describe a product or service that costs little money or less money than you expected.cheap costing little money or less money than you expected; charging low prices. Cheap can also be used in a disapproving way to suggest that something is poor quality as well as low in price:a bottle of cheap perfume.competitive (of prices, goods, or services) as cheap as, or cheaper than, those offered by other companies; able to offer goods or services at competitive prices.budget [only before noun] (used especially in advertising) cheap because it offers only a basic level of service:a budget hotelaffordable cheap enough for most people to affordreasonable (of prices) not too expensiveinexpensive (somewhat formal) cheap Inexpensive is often used to mean that something is good value for its price. It is sometimes used instead of cheap, because cheap can suggest that something is poor quality.Patterns cheap/competitive/budget/affordable/reasonable prices/fares/rates cheap/competitive/budget/affordable/inexpensive products/services
See the Oxford Advanced Learner's Dictionary entry: budget