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Budget deficit   /bˈədʒɪt dˈɛfəsət/   Listen
Budget deficit

noun
1.
An excess of expenditures over revenues.





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"Budget deficit" Quotes from Famous Books



... corporate industry, extensive government welfare measures, comfortable living standards, and high dependence on foreign trade. Denmark's new center-left coalition government will concentrate on reducing the persistent high unemployment rate and the budget deficit as well as following the previous government's policies of maintaining low inflation and a current account surplus. In the face of recent international market pressure on the Danish krone, the coalition has also vowed to maintain a stable currency. The coalition ...
— The 1993 CIA World Factbook • United States. Central Intelligence Agency.


Words linked to "Budget deficit" :   federal deficit, deficit


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