What does budget deficit mean?

Definitions for budget deficit
bud·get deficit

This dictionary definitions page includes all the possible meanings, example usage and translations of the word budget deficit.

Princeton's WordNet

  1. budget deficitnoun

    an excess of expenditures over revenues

Wikipedia

  1. budget deficit

    Within the budgetary process, deficit spending is the amount by which spending exceeds revenue over a particular period of time, also called simply deficit, or budget deficit; the opposite of budget surplus. The term may be applied to the budget of a government, private company, or individual. Government deficit spending was first identified as a necessary economic tool by John Maynard Keynes in the wake of the Great Depression. It is a central point of controversy in economics, as discussed below.

ChatGPT

  1. budget deficit

    A budget deficit is a financial situation that occurs when an entity (often a government) spends more money than it takes in during a particular period, usually a fiscal year. The deficit is the difference between the income and expenditure, and it typically leads to borrowing, which may, in the long run, accumulate into a substantial public debt if not adequately addressed.

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Numerology

  1. Chaldean Numerology

    The numerical value of budget deficit in Chaldean Numerology is: 5

  2. Pythagorean Numerology

    The numerical value of budget deficit in Pythagorean Numerology is: 7

Examples of budget deficit in a Sentence

  1. Liu Kun:

    The arrangement on the budget deficit ratio has fully considered factors including fiscal revenue and local government special bonds and leaves more policy room for future macro adjustments.

  2. Harsha De Seiva:

    In Greece, we saw all the data - including debt and budget deficit - changed after the government change, we will reveal the real numbers to the public and work towards a social market economy with a level playing field for all.

  3. Zsolt Papp:

    It's turned out better than initial expectations. They managed to reduce the budget deficit without imposing austerity and hiking taxes across the board, growth, current account, by the measures that investors look at, Hungary is doing okay, compared to where it was before, compared to neighbours and the wider emerging markets universe.

  4. Tom Price:

    Every percentage point of added GDP growth reduces the budget deficit by $ 3 trillion over the next decade.

  5. Jeff Kingston:

    Given Japan's aging society and the growing budget deficit, there's a need for the young to increase tax payments, lowering the age of adulthood could be a way to convince them that they have a stake and voice in society.


Translations for budget deficit

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"budget deficit." Definitions.net. STANDS4 LLC, 2024. Web. 29 Apr. 2024. <https://www.definitions.net/definition/budget+deficit>.

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