FINANCE|public finance and budget policy|budget policy|budget · ECONOMICS
- budgetary constraint | budgetary restriction | budget constraint
- en
- Definition factor limiting the possible expenditure of an economic agent Reference "Council-Terminology Coordination, based on: 'budget constraint' (7.5.2025), A Dictionary of Economics, Oxford University Press, 2009"
- Comment "Typically, such constraints are external factors limiting the availability of resources with which to finance expenditure; however, especially in the case of governments, they may also take the form of self-imposed fiscal rules."