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balanced budget |
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Balanced budget A budget in which the income equals expenditure. See: budget.
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. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| It's also good for investors: A balanced budget means, in most countries, a stable political and economic scene. Professional staffing levels decreased because of the implementation of the nursing home Prospective Payment System (PPS) and associated rate cuts, but increased under the Balanced Budget Refinement Act of 2000's rate increases, according to a recent report in Health Services Research. Proposition 58 foes say the state constitution already requires the governor to propose a balanced budget each year that includes a cash reserve. |
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