WebNoun 1. balanced budget - a budget is balanced when current expenditures are equal to receipts budget - a summary of intended expenditures along with proposals for how to meet them; "the president submitted the annual budget to Congress" Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc. Translations WebMeaning of in balance in English in balance idiom spending no more money in a budget (= financial plan) than is taken in during a particular period: We want to cut the budget to get …
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