Definition of «to balance the budget»

The phrase "to balance the budget" means to ensure that a government or an organization's total expenditure equals its total income. In other words, it refers to the process of allocating resources in such a way that all spending is covered by revenues generated from various sources. The goal of balancing the budget is to avoid running into debt and maintain financial stability over time.

Phrases with «to balance the budget»

Sentences with «to balance the budget»

  • However, it is clear that our expenditure needs to be contained, and then reduced, if we are to succeed in balancing the budget in the years after 2010. (sciencemag.org)
  • To be «realistic», you need to acknowledge that you will not balance the budget by 2019 - 20. (3dpolicy.ca)
  • They aren't joking and are very seriously considering ways for schools towns villages cities counties to get around the tax cap so they can raise taxes instead of balancing their budgets. (nystateofpolitics.com)
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