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Home > QFINANCE Dictionary > Definition of fiscal balance

Definition of

fiscal balance

Economics

balance of income and expenditure the extent to which government receipts differ from government outlay. If outlays exceed receipts then the fiscal balance is negative or in deficit; if receipts exceed outlays then the balance is positive or in surplus.

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Definitions of ’fiscal balance’ and meaning of ’fiscal balance’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’fiscal balance’ and other financial terms with our online QFINANCE Financial Dictionary.

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