Budget

Budget
A comprehensive examination of the term 'budget' with a specific focus on its meaning, usage, and theoretical implications in economics.
Balanced Budget - Definition and Meaning
A balanced budget occurs when total government receipts and expenditure are equal, ensuring no additional government borrowing is required.
Estimates
Proposals on expenditure in the coming financial year included in the UK government’s annual budget.
Finance Act
The UK legislation by which Parliament approves or amends the Chancellor of the Exchequer’s budget proposals.
Fiscal Stance
An entry on the concept of fiscal stance, examining its meaning, historical context, analytical frameworks, and comparative analysis.
Soft Budget Constraint
A limit to spending by some public body where those supposed to be subject to it believe that the consequences of breaching it will not be serious.