Budget Day


Budget Day
Budget Day ˈBudget Day noun ECONOMICS
the day on which the British government's Budget is presented to the House of Commons by the Chancellor of the Exchequer:

• Even Cabinet ministers may not hear of these decisions until Budget Day.

* * *

Budget Day UK US noun [S] GOVERNMENT, ECONOMICS
in the UK and some other countries, the day when the government officially announces its plans for spending, taxation, etc. over the coming year: »

Customs and Excise changes usually kick in at midnight on Budget Day to prevent anyone stockpiling petrol and cigarettes.


Financial and business terms. 2012.

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