well-heeled, budget-conscious.Cash-strapped governments want to get their hands on a slice of the riches of the world’s best-heeled. But a tax on unrealised capital gains is bad economics

Stephen Morton for The New York Times

Charleston on the Cheap

By CHRIS DIXON 9:17 PM ET

This progressive and mystically lovely South Carolina city, surrounded by water and wilderness, is loved by the well-heeled but can still be a budget-conscious destination.

• Slide Show

Even in Recession, Spend They Must: Luxury Shoppers Anonymous
By RUTH LA FERLA
Just because the sun is going down on the economy doesn't mean well-heeled women have to stop shopping. But it doesn't mean they're proud of it.

Definition

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well-heeled Hide phonetics
adjective INFORMAL
rich:
His family was very well-heeled.

well-heeled Hide phonetics
plural noun
rich people:
The shop attracted a loyal following among the well-heeled.

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budget (FINANCIAL PLAN) Hide phonetics
noun
1 [C or U] a plan to show how much money a person or organization will earn and how much they will need or be able to spend:
The firm has drawn up a budget for the coming financial year.
Libraries are finding it increasingly difficult to remain within (their) budget.

2 [C] the amount of money you have available to spend:
an annual budget of £40 million

the Budget noun [C]
the official statement that a government makes about how much it will collect in taxes and spend on public services in the future

budget Hide phonetics
verb [I or T]
to plan how much money you will spend on something:
An extra £20 million has been budgeted for schools this year.

budgetary Hide phonetics
adjective
budgetary constraints

budget (CHEAP) Hide phonetics
adjective [before noun]
very cheap:
a budget holiday/hotel/price