budget surplus

Definition of budget surplus

  1. :  more money than is needed to pay for planned expenses The state currently has a $3 million budget surplus.

Word by Word Definitions

  1. :  a usually leather pouch, wallet, or pack

    :  its contents

    :  stock, supply

  1. :  to put or allow for in a statement or plan coordinating resources and expenditures :  to put or allow for in a budget

    :  to require to adhere to a budget

    :  to allocate funds for in a budget

  1. :  suitable for someone whose is following a plan for coordinating resources and expenditures :  suitable for one on a budget (see 1budget) :  inexpensive

  1. :  the amount that remains when use or need is satisfied

    :  an excess of receipts over disbursements

    :  the excess of a corporation's net worth over the par or stated value of its stock

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