the amount by which government income from taxation, customs duties, etc, exceeds expenditure in any one fiscal year
Examples of 'budget surplus' in a sentence
budget surplus
They claim it would lead to a government running a budget surplus within three years of taking power.
The Sun (2015)
You have undervalued currencies rather than overvalued ones, budget surpluses rather than deficits and huge foreign currency reserves.
Times, Sunday Times (2007)
The medicine has showed some signs of working: Greece expects a modest budget surplus this year.
Times, Sunday Times (2015)
BUDGET position: total spending in the economy is reduced by the twin effects of increased taxation and expenditure cuts with the government running abudget surplus.
Pass, Christopher, Lowes, Bryan Collins Dictionary of Economics (1993)