- balanced budget
- A budget in which the income equals expenditure. Bloomberg Financial DictionarySee: budget. Bloomberg Financial Dictionary
* * *balanced budget balanced budget ➔ budget1
* * *The situation in a government's budget where its expenditure matches revenue. Also known as a neutral budget.► See also Budget.
* * *balanced budget UK US noun [C]► ECONOMICS, ACCOUNTING a budget in which the amount of money that is planned to be spent is no greater than the income to be received: »
By law, the governor must propose and lawmakers must adopt a balanced budget.
Financial and business terms. 2012.
Look at other dictionaries:
Balanced budget — From a Keynesian point of view, a balanced budget in the public sector is achieved when the government has enough fiscal discipline to be able to equate the revenues with expenditure over the business cycles. In other words, a government s budget … Wikipedia
Balanced Budget — A situation in financial planning or the budgeting process where total revenues are equal to or greater than total expenses. A budget can be considered balanced in hindsight, after a full year s worth of revenues and expenses have been incurred… … Investment dictionary
balanced-budget — adj. Balanced budget is used with these nouns: ↑amendment … Collocations dictionary
balanced budget — noun a budget is balanced when current expenditures are equal to receipts • Hypernyms: ↑budget … Useful english dictionary
balanced budget — noun A (usually government) budget in which income and expenditure are equal over a set period of time … Wiktionary
balanced budget — /ˌbælənst bʌdʒɪt/ noun a budget where expenditure and income are equal … Dictionary of banking and finance
balanced budget — financial plan in which income is equal to spending … English contemporary dictionary
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Balanced Budget Act of 1997 — The Balanced Budget Act of 1997, USPL|105|33, USStat|111|251, was signed into law on August 5, 1997. It was an omnibus legislative package enacted using the budget reconciliation process and designed to balance the federal budget by 2002. Among… … Wikipedia