balanced budget(redirected from In Balance)
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A budget in which the income equals expenditure. See: 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.
A budget in which the expenditures incurred during a given period are matched by revenues.