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 product

Primary product

A good that has not been processed and is therefore in its natural state, specifically products of agriculture, forestry, fishing, and mining.


Primary earnings per (common) share

Primary earnings per (common) share

Earnings available for the payment of dividends to common stockholders divided by the number of common shares outstanding.


Primary dealer

Primary dealer

Usually refers to the select list of securities firms that are authorized to deal in new issues of government bonds.


Primary market

Primary market

A market in which new issues are traded. In other words, the trading of shares directly between a company and investors.By contrast, the secondary market involves investors buying and selling with other investors, with market makers and brokers facilitating trade. The companies whose shares are being traded are not directly involved in the secondary market, unless they engage in a share buyback.


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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