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One's ability to differentiate between good and bad bud/weed. Newb smokers often suffer from this affliction and get ripped off.
"Yo bro, lend me some money and I'll get you some dank green, I promise"
-"Nah dude, I don't trust your budgment."
"Shiiiiit, my budgment is better than yours! Last week you bought some schwag just cus some dude told you it was good shit!"
budgment by the real Master X October 21, 2009
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Budgcentric 

The party was fun. It wasn't fancy, but it was budgcentric
Budgcentric by Andy Bangderhard August 26, 2018
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Budgcentric 

My budgcentric mother made her own Mortisha Adams costume from scratch.
Budgcentric by Andy Bangderhard August 26, 2018