Government Budgeting Vocabulary

adjective relating to or happening every year

adverb in a way that happens or is done once a year

• The company conducts a yearly audit to ensure financial transparency.
• We have a yearly tradition of going on a camping trip with our friends.
• I try to hit the gym at least once a year, but it's more like a yearly thing.
• His yearly performance review is always a nerve-wracking experience.

verb to withdraw financial support from a program or organization

• There is a proposal to defund certain government programs in order to allocate resources more efficiently.
• Some people want to defund the police to reallocate funds to community services.
• I heard they're trying to defund that project because it's not bringing in enough money.
• She felt like her emotions were defunded after the breakup, leaving her numb.

noun a word that represents a person, place, thing, or idea

verb a word that expresses an action, occurrence, or state of being

preposition a word that shows the relationship between a noun (or pronoun) and other words in a sentence

article a word that specifies a noun (e.g. the, a, an)

• The government decided to cut the purse strings on non-essential spending in order to reduce the budget deficit.
• My parents finally decided to cut the purse strings and stop giving me money for unnecessary expenses.
• I think it's time for you to cut the purse strings and start paying for your own bills.
• It's important to cut the purse strings and become financially independent at some point in your life.