What does deficits mean?
Definitions for deficits
deficits
This dictionary definitions page includes all the possible meanings, example usage and translations of the word deficits.
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Wikipedia
deficits
The government budget balance, also alternatively referred to as general government balance, public budget balance, or public fiscal balance, is the overall difference between government revenues and spending. A positive balance is called a government budget surplus, and a negative balance is a government budget deficit. A government budget is a financial statement presenting the government's proposed revenues and spending for a financial year. A budget is prepared for each level of government (from national to local) and takes into account public social security obligations. The government budget balance can be broken down into the primary balance and interest payments on accumulated government debt; the two together give the budget balance. Furthermore, the budget balance can be broken down into the structural balance (also known as cyclically-adjusted balance) and the cyclical component: the structural budget balance attempts to adjust for the impact of cyclical changes in real GDP, in order to indicate the longer-run budgetary situation. The government budget surplus or deficit is a flow variable, since it is an amount per unit of time (typically, per year). Thus it is distinct from government debt, which is a stock variable since it is measured at a specific point in time. The cumulative flow of deficits equals the stock of debt.
Numerology
Chaldean Numerology
The numerical value of deficits in Chaldean Numerology is: 2
Pythagorean Numerology
The numerical value of deficits in Pythagorean Numerology is: 3
Examples of deficits in a Sentence
We’ve shown Washington’s spending problem can’t be boiled down to a lack of will. It’s a problem of structure and process -- and everyone knows the process of government funding in Washington is broken, i’m extremely disappointed our Democrat members didn’t vote in line with their newfound concern about deficits, but this is not the only battle line in the fight to fix our spending problem.
It was the previous administration, through its reckless policies and mismanagement, that led to the record budget deficits.
There may be a seductive belief that by naming a running mate, you can magically erase political deficits, but at the end of the day, voters select the person on the top of the ticket, not the understudy.
He (Trudeau) is running massive deficits that threaten higher taxes and important social programs like healthcare.
Although changes of this magnitude are unlikely to cause problems in healthy children, we urgently need to know whether these lung deficits will impact lung function and health in later life.
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"deficits." Definitions.net. STANDS4 LLC, 2024. Web. 19 Apr. 2024. <https://www.definitions.net/definition/deficits>.
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