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Balanced budget |
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Balanced budget1. A government budget surplus that is zero, thus with net tax revenue equalling expenditure. 2. A balanced budget change in policy or behavior is one in which a component of the government budget, usually taxes, is adjusted as necessary to maintain a balanced budget.Balanced budgetA budget in which the income equals expenditure. See: budget.Balanced budget Similar MatchesBalanced fundBalanced fundAn investment company that invests in stocks and bonds. The same as a balanced mutual fund. Balanced tradeBalanced trade1. A balance of trade equal to zero. 2. The assumption that the balance of trade must be zero in equilibrium, as would be the case with a floating exchange rate and no capital flows. This is a standard assumption in real models of international trade, which exclude financial assets. Balanced mutual fundBalanced mutual fundA mutual fund which invests in a balance of common stock, bonds and preferred stock with an objective of income provision and some capital appreciation with low risk. |
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