/ Dictionary / Index L low-budget: Meaning and Definition of Find definitions for: low-budg•et Pronunciation: (lō'buj'it), [key] — adj. made or done on a small or reduced budget; costing relatively little money: a low-budget film. Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease. See also: low-budget (Thesaurus) lowbrow lowbush blueberry Related Content Daily Word Quiz: tenacious Analogy of the Day: Today’s Analogy Spelling Bee: Today’s Spelling Bee Frequently Misspelled Words Frequently Mispronounced Words Easily Confused Words Writing & Language