A Balanced Budget is a financial plan where total revenues are equal to or greater than total expenditures, ensuring no deficits incurred during a particular accounting period.
Bonded debt refers to the portion of a corporation's or government's overall debt that is represented by bonds it has issued. It specifically concerns the indebtedness that is contracted under the obligation of these bonds.
Debt service coverage is a critical financial metric used in corporate, government, personal, and real estate finance to measure the availability of cash flow for meeting annual debt obligations.
The General Fund represents the primary operating accounts of a nonprofit entity, such as a government or government agency. It is used to finance regular activities and essential services.
Monetizing the debt refers to the process by which a government finances its national debt by printing new money, which often leads to inflation.
New money refers to the additional long-term financing provided to a company or government through new issues or issues exceeding the amount of a maturing issue or by issues that are being refunded.
SWF, or Sovereign Wealth Fund, is a state-owned investment fund or entity that is commonly established from balance of payments surpluses, official foreign currency operations, or revenue generated from natural resources.
