| 释义 |
balanced budget
balanced budgetWhen the government’s spending equals its revenue from, for example, taxation. Compare budget deficit; budget surplus.Thesaurus| Noun | 1. | balanced budget - a budget is balanced when current expenditures are equal to receiptsbudget - a summary of intended expenditures along with proposals for how to meet them; "the president submitted the annual budget to Congress" |
Translationsbalanced budget
Balanced budgetA budget in which the income equals expenditure. See: budget.Balanced BudgetA budget in which revenues equal or exceed expenditures. A balanced budget is thought to be positive for a company, as it means that the company is not taking on any (additional) debt in order to conduct its operations; if revenues exceed expenditures, it results in a profit. Balanced budgets may be recognized after a fiscal year is complete, or they may be projected for an upcoming year.balanced budget A budget in which the expenditures incurred during a given period are matched by revenues.balanced budget a situation where GOVERNMENT EXPENDITURE is equal to TAXATION and other receipts. In practice, most governments run unbalanced budgets as a means of regulating the level of economic activity Where the government spends more than it receives in taxation, then a BUDGET DEFICIT is incurred. Where the government spends less than it receives in taxation, then a BUDGET SURPLUS ensues. See BUDGET, FISCAL POLICY, PUBLIC SECTOR BORROWING REQUIREMENT.balanced budget
Related to balanced budget: Balanced Budget MultiplierWords related to balanced budgetnoun a budget is balanced when current expenditures are equal to receiptsRelated Words |