Difference between a government's spending and its revenues from taxation.
Amount by which government spending for the year exceeds government revenues.
The negative of the budget surplus; thus the excess of expenditure over income.
The amount by which a government's, company's, or individual's spending exceeds its income over a particular period of time. also called deficit or deficit spending. opposite of budget surplus. see also deficit net worth, Federal Deficit, National Debt, red ink, trade deficit.
Usually the difference between government spending and revenue and thus the amount that needs to be borrowed. Definition varies between countries. see also public sector borrowing requirement
Refers to national budgets; occurs when government spending is greater than government income from taxes and tariffs in a given year. A yearly deficit adds to the public debt. View Capstone Lesson(s) that address this concept
the shortage that results when government spending is greater than revenue
an excess of expenditures over revenues
a result of the government spending more than it earns
The amount on your budget by which your expenditure exceeds your income before allowing for offers of payment on non-priority debts.
A deficit is the gap between spending and revenue and thus the amount that may need to be borrowed.
Simply speaking, the excess of total expenditure over total receipts, with borrowing not included among receipts. This deficit is funded by borrowing.
Excess of spending over income for a government, corporation, or individual over a particular period of time.
Is a measured amount in which government spending exceeds government revenues.
Budget in which expenditures are greater than revenues.
The amount each year by which government spending is greater than government income.
A budget deficit is a government's budget balance that is negative -- government expenditures exceed tax revenues.
Amount where government spending exceeds government revenues.
The amount by which government spending exceeds government revenues.
When the Government spends more than it takes in via taxes and other income.
Amount by which budget outlays exceed budget revenues during a given period.
The amount on a budget by which your expenditure exceeds your income before offers of payment on non-priority debts are made.
The dollar amount of on-budget government expenditures minus the dollar amount of government revenues. A negative (positive) amount indicates that the government is collecting less (more) than it is spending and is viewed as stimulative for the U.S. and global economy.