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BudgetA detailed schedule of financial activity, such as an advertising budget, a sales budget, or a capital budget.Budget Similar MatchesFlexible budgetFlexible budgetA budget that shows how costs vary with different rates of output or at different levels of sales volume and projects revenue based on these different output levels. Budget surplusBudget surplusThe amount by which government revenues exceed government pending. Primary budget surplusPrimary budget surplusThe primary budget surplus (or deficit) of a government is the surplus excluding interest payments on its outstanding debt. Balanced budgetBalanced budgetA budget in which the income equals expenditure. See: budget. Budget surplusBudget surplusRefers in general to an excess of income over expenditure, but usually refers specifically to the government budget, where it is the excess of tax revenue over expenditure (including transfer payments). Further SuggestionsBudget deficitBalanced budget Intrabudgetary transactions Off budget Federal entities Budget deficit Budget authority budget account budget deficit Budget constraint The Budget |
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