Definitions for balanced budget
bal·anced bud·get

Princeton's WordNetRate this definition:0.0 / 0 votes

1. balanced budgetnoun

   a budget is balanced when current expenditures are equal to receipts

WiktionaryRate this definition:0.0 / 0 votes

1. balanced budgetnoun

   A (usually government) budget in which income and expenditure are equal over a set period of time.

WikipediaRate this definition:0.0 / 0 votes

1. Balanced budget

   A balanced budget (particularly that of a government) is a budget in which revenues are equal to expenditures. Thus, neither a budget deficit nor a budget surplus exists (the accounts "balance"). More generally, it is a budget that has no budget deficit, but could possibly have a budget surplus. A cyclically balanced budget is a budget that is not necessarily balanced year-to-year, but is balanced over the economic cycle, running a surplus in boom years and running a deficit in lean years, with these offsetting over time. Balanced budgets and the associated topic of budget deficits are a contentious point within academic economics and within politics. Some economists argue that moving from a budget deficit to a balanced budget decreases interest rates, increases investment, shrinks trade deficits and helps the economy grow faster in the longer term. Other economists, especially those associated with Modern Monetary Theory (MMT), downplay the need for balanced budgets among countries that have the power to issue their own currency, and argue that government spending helps boost productivity, innovation and savings in the private sector.

ChatGPTRate this definition:0.0 / 0 votes

1. balanced budget

   A balanced budget is a financial plan in which income or revenue equals or exceeds expenditures or spending. This term usually pertains to government budgets, where a balanced budget means the government is not maintaining a deficit nor making a surplus. There are no net increases in government debts in a balanced budget. It can also apply to individuals or businesses, indicating that the entity is not spending more than it is earning.

WikidataRate this definition:0.0 / 0 votes

1. Balanced budget

   A balanced budget is a budget with revenues equal to expenditures, and neither a budget deficit nor a budget surplus. More generally, it refers to a budget with no deficit, but possibly with a surplus. A cyclically balanced budget is a budget that is not necessarily balanced year-to-year, but is balanced over the economic cycle, running a surplus in boom years and running a deficit in lean years, with these offsetting over time. Balanced budgets, and the associated topic of budget deficits, are a contentious point within academic economics and within politics. The mainstream economic view is that having a balanced budget in every year is not desirable, with budget deficits in lean times being desirable. Most economists have also agreed that a balanced budget would decrease interest rates, increase savings and investment, shrink trade deficits and help the economy grow faster over a longer period of time.

Matched Categories

1. • Budget

How to pronounce balanced budget?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say balanced budget in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of balanced budget in Chaldean Numerology is: 3

2. Pythagorean Numerology

   The numerical value of balanced budget in Pythagorean Numerology is: 2

Examples of balanced budget in a Sentence

1. Chancellor Angela Merkel:

   We won't raise taxes. And we still have the goal of posting a balanced budget without taking on new debt.

2. Bob Goodlatte:

   A balanced budget amendment has been one of the highest priorities of my tenure in Congress. A constitutional amendment requiring a balanced budget would finally bring discipline to federal spending and would benefit generations to come, i challenge my colleagues in the House and Senate to do what is morally right and responsible by passing this amendment and sending it on to the states for ratification.

3. John Dunn:

   Our role will be to make sure the town is operating on a balanced budget and ensure there is money in the bank to pay for the town's expenses, the town will still decide how it wants to spend its funds, but we will ensure they are operating within the town budget.

4. David McSweeney:

   The General Assembly should do its job and go back into session to immediately adopt a balanced budget without a tax increase.

5. John Cullerton:

   We will continue to try to enact and put on the governor’s desk many of the reforms that he’s asked for, i’m certainly disappointed he’s vetoed a balanced budget, but I’m glad we were able to override him.

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=balanced budget
2. ^ Wiktionary
   https://en.wiktionary.org/wiki/Balanced_Budget
3. ^ Wikipedia
   https://en.wikipedia.org/wiki/Balanced_Budget
4. ^ ChatGPT
   https://chat.openai.com
5. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=balanced budget