What is the definition of Fiscal balance? | Dictionary.net

FISCAL BALANCE

\fˈɪskə͡l bˈaləns], \fˈɪskə‍l bˈaləns], \f_ˈɪ_s_k_əl b_ˈa_l_ə_n_s]\

Definitions of FISCAL BALANCE

1910 - Black's Law Dictionary (2nd edition)

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The money the government gets from taxes and assets taking into account spending. If this balance is negative there is a defecit and when it is positive than there is surplus or profit.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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