Meaning & use

balanced budget

noun·Advanced

Last updated

UK/ˌbælənst ˈbʌdʒɪt/
US/ˌbælənst ˈbʌdʒɪt/

Meanings

  1. nouncountable

    a plan for spending in which the amount of money spent equals the amount of money received, with no deficit.

    Grammar: Countable: you can say 'a balanced budget' or 'balanced budgets'. Often used with 'have', 'pass', or 'propose'.

    Patterns

    • a balanced budget
    • have a balanced budget
    • pass a balanced budget

    The mayor promised to present a balanced budget next year.

    Many states require a balanced budget by law.

    After months of debate, the council finally approved a balanced budget.

  2. nouncountable

    a situation in which a government's tax revenue equals its spending, often required by law.

    Grammar: Often used in political contexts: 'a balanced budget amendment'.

    Patterns

    • balanced budget amendment
    • require a balanced budget

    The senator proposed a constitutional amendment for a balanced budget.

    Without a balanced budget, the country would continue to borrow heavily.

Word forms

pluralbalanced budgets

Common combinations

pass a balanced budget
Congress struggled to pass a balanced budget before the deadline.
propose a balanced budget
The governor proposed a balanced budget that cut education funding.
require a balanced budget
The state constitution requires a balanced budget each year.
achieve a balanced budget
It took years of spending cuts to achieve a balanced budget.

Synonyms and how they differ

fiscally responsible budget
This is a broader term that implies careful spending but does not necessarily mean income equals spending; it is more subjective.

Opposites

deficit budget

Word family

balance verb
to make income and spending equal
budget noun
a plan for how money will be spent

Commonly confused: balanced budget or budget deficit?

balanced budget vs budget deficit

A budget deficit is the opposite: spending is greater than income. A balanced budget has no deficit.

Practice

The government promised to pass a ______ to avoid increasing the national debt.

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