Definition of budget surplus
- The state currently has a $3 million budget surplus.
: a usually leather pouch, wallet, or pack
: stock, supply
: a quantity (as of energy or water) involved in, available for, or assignable to a particular situation
: 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
: suitable for someone whose is following a plan for coordinating resources and expenditures : suitable for one on a budget (see 1budget) : inexpensive
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