balanced budget(redirected from Balanced budgets)
Also found in: Dictionary, Thesaurus.
Related to Balanced budgets: Fiscal responsibility
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.