budget surplus

Definition of budget surplus

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

Word by Word Definitions

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

  2. : stock, supply

  3. : a quantity (as of energy or water) involved in, available for, or assignable to a particular situation

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

  2. : to require to adhere to a budget

  3. : 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

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

  2. : an excess of receipts over disbursements

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

  1. : more than the amount that is needed : constituting a surplus


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