1. The reduction of allocated funds or expenses in a budget, typically by a government, organization, or institution
The university announced severe budget cutting measures for the next fiscal year.
A universidade anunciou medidas severas de corte de orçamento para o próximo ano fiscal.
2. The process or practice of reducing spending to meet financial constraints
Budget cutting often affects essential services like education and healthcare.
O corte de orçamento frequentemente afeta serviços essenciais como educação e saúde.