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Balanced Budget
(redirected from Balanced Budget Multiplier)

    Also found in: Wikipedia 0.01 sec.
Balanced budget
A budget in which the income equals expenditure. See: budget.
balanced budget
A budget in which the expenditures incurred during a given period are matched by revenues.
Balanced Budget
A budget in which revenues equal or exceed expenditures. A balanced budget is thought to be positive for a company, as it means that the company is not taking on any (additional) debt in order to conduct its operations; if revenues exceed expenditures, it results in a profit. Balanced budgets may be recognized after a fiscal year is complete, or they may be projected for an upcoming year.


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? Mentioned in ? References in periodicals archive
 
It can be found that the balanced budget multiplier may be negative depending on the extent of working-capital cost.
Working capital finance and the balanced budget multiplier by Wen-ya Chang; Ching-chong Lai / American Economist
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