balanced budget

A budget in which the income equals expenditure. Bloomberg Financial Dictionary
See: budget. Bloomberg Financial Dictionary

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balanced budget balanced budget budget1

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   The situation in a government's budget where its expenditure matches revenue. Also known as a neutral budget.
   ► See also Budget.

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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:

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