Primary budget surplus

 

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Primary budget surplus

The primary budget surplus (or deficit) of a government is the surplus excluding interest payments on its outstanding debt.



Similar Matches

Primary factor

Primary factor

An input that exists as a stock providing services that contribute to production. The stock is not used up in production, although it may deteriorate with use, providing a smaller flow of services later. The major primary factors are labor, capital, human capital (or skilled labor), land, and sometimes natural resources.


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Where a newly issued security is first offered. All subsequent trading of this security occurs is done in the secondary market.


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