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balanced-budget

UK[ˈbælənst ˈbʌdʒɪt]US[ˈbælənst ˈbʌdʒɪt]
n

A budget in which income is equal to expenditures, so there is no deficit or surplus.

Morpheme Breakdown

balance
ed
budget
balance

equilibrium

ed

adjective suffix

budget

financial plan

Etymology

The term 'balanced-budget' is a modern compound adjective, later nominalized, that merges two distinct financial concepts. 'Balance' originates from the Latin bilanx, literally "having two scales," a direct reference to the apparatus for weighing, which evolved metaphorically to signify a state of equilibrium between opposing forces. 'Budget' has a more mundane origin, deriving from the Latin bulga (a bag or pouch), which became bougette in Old French, a small bag for carrying coins, and eventually came to mean a statement of financial plans. The compound logically fuses these ideas: a 'budget' that is in a state of 'balance,' where revenues and expenditures are weighed against each other and found equal, much like two balanced scales.

Analysis

Structure: balance (equilibrium) + ed (adjective suffix) + budget (financial plan) - balance: From Latin bilanc-, bilanx (having two scales), via Old French balance. In this compound, it functions as the root conveying the concept of equilibrium. - ed: A common English suffix of Old English origin, used here to form a participial adjective from the verb 'balance'. - budget: From Latin bulga (leather bag), via Old French bougette (little bag). In this compound, it functions as the root noun specifying the financial context.

Examples

The government passed a constitutional amendment requiring a balanced-budget.

Many economists debate the practical merits of a strict balanced-budget rule during a recession.

Achieving a balanced-budget this fiscal year was the administration's primary goal.

balanced-budget – Meaning, Etymology & Word Origin | OpenEtymology