1. A budget with limited financial resources; an allocation of money that is constrained and allows for minimal spending flexibility
With a tight budget, we had to prioritize essential expenses.
Com um orçamento restrito, tivemos que priorizar despesas essenciais.
2. Financial constraints that limit spending capacity in personal, household, or organizational contexts
The department is operating under a tight budget this fiscal year.
O departamento está operando com um orçamento restrito este ano fiscal.