Balanced Budget

Business / Finance / Balanced Budget: A budget in which the income equals expenditure. See: budget.

Face Balanced

Entertainment / Golf / Face Balanced: A method of weighting a putter so that when the shaft is balanced on the finger the face points generally upward MORE

Flexible Budget

Business / Finance / Flexible Budget: A change in the yield curve when the spread between the yield on long-term and short-term Treasuries has decreased. Compare steepening of the yield curve and butterfly shift. MORE

Consolidated Omnibus Budget Reconciliation Act (COBRA)

Health / Dentistry / Consolidated Omnibus Budget Reconciliation Act (COBRA): A federal statute that requires most employers to offer to covered employees and covered dependents who would otherwise lose health coverage for reasons specified in the statute, the opportunity to pu MORE

Cash Budget

Business / Finance / Cash Budget: Refers to the accounting method that recognizes revenues and expenses when cash is actually received or paid out. MORE


Life Style / Coffee / Balanced: This is a difficult term. When tasting coffees for defects, professional tasters use the term to describe a coffee that does not localize at any one point on the palate: in other words, it is not imba MORE

Omnibus Budget Reconciliation Act (OBRA) Of 1990

Health / Health Insurance / Omnibus Budget Reconciliation Act (OBRA) Of 1990: A federal act which established the Medicare SELECT program, a Medicare supplement that uses a preferred provider organization to supplement Medicare Part B coverage. MORE