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
budget deficitnoun
an excess of expenditures over revenues
Wikipedia
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
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.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of budget deficit in Chaldean Numerology is: 5
Pythagorean Numerology
The numerical value of budget deficit in Pythagorean Numerology is: 7
Examples of budget deficit in a Sentence
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.
Russian Finance Minister Anton Siluanov:
The task we are setting for ourselves is to have a budget deficit at 3 percent of GDP under (an oil price of) $40 (per barrel), (But) if the oil price is as it's shaping up now - $32-33 - accordingly, it (budget deficit) will be up to 4 percent of GDP.
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.
In good times, the oil price soared and they had to spend money on subsidies, which resulted in a big budget deficit, which is the opposite of what you want to happen, hopefully now they'll be able to manage fiscal policy in a much more sensible way.
Fixed-asset investment growth picked up due to stronger real estate investment, the economy still needs support from loose monetary policy and expansionary fiscal policy going forward. Apart from the expansion of the (budget) deficit to implement tax cuts, the central government needs to maintain infrastructure investment.
Translations for budget deficit
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"budget deficit." Definitions.net. STANDS4 LLC, 2024. Web. 30 Apr. 2024. <https://www.definitions.net/definition/budget+deficit>.
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