The amount by which government revenues exceed government spending.

The amount by which revenues exceed spending. It usually refers to government spending and revenues.

An excess of budgetary revenues over expenditures. This seemingly rare event is in fact commonly practiced by many state and local governments -- albeit often because of constitutional mandates. The f [..]

Refers in general to an excess of income over expenditure, but usually refers specifically to the government budget, where it is the excess of tax revenue over expenditure (including transfer and inte [..]

Definition The amount by which a government's, company's, or individual's income exceeds its spending over a particular period of time. Generally, a government does not need to maintain [..]

When government receipts exceed government expenditures.

Refers to national budgets; occurs when government income is greater than government spending in a given year.

The amount by which the government's revenues exceed its outlays for a given fiscal year.

When a governmental entity has revenues from taxes, fees, and other impositions which exceed its budgeted outlays, it is said to have a budget surplus. When a business under-spends its budget but all [..]

The amount by which government revenues are more than government spending during a specified period. See also: budget, budget deficit, national debt, tax, fiscal policy

The amount by which government revenues exceed government spending.