budget surplus

US /ˈbʌdʒɪt ˈsɜːrpləs/
UK /ˈbʌdʒɪt ˈsɜːrpləs/
"budget surplus" picture
1.

a situation in which a government's income is greater than its spending over a specific period

:
•
The country achieved a significant budget surplus last year due to strong economic growth.
•
A sustained budget surplus can lead to reduced national debt.
:
fiscal surplusgovernment surplus
:
budget deficit
:
surplustrade surplusbudgetbudget deficit