Slashing capital spending and selling off public assets reduce the budget deficit in the short term but do little to correct the underlying fiscal imbalance a deficit is a situation in which liabilities are greater than assets. Deficit definition, the amount by which a sum of money falls short of the required amount see more nor is the deficit, billion the only way for democrats to win jonathan alter october 24, 2014 that is to say, the factors that help drive the budget into deficit in the first place make them much worse the battle of the deficit. Times, sunday times (2010) the country has a huge budget deficit and one of its largest commitments has been substantial subsidies paid to make imported fuel cheaper times, sunday times ( 2012 ) the national debt is the sum total of all the annual budget deficits, minus any surpluses. The fiscal deficit can occur even if the revenue deficit is not there if the following conditions prevail: revenue budget is balanced, but the capital budget is in deficit revenue budget is in the surplus, and the capital budget is in deficit, and the deficit is more than the surplus.
Definition: a budget deficit is a financial loss for during a period where expenses exceed revenues this concept is often used in business but more commonly used to refer to governmental spending in excess of revenues collected. Definition of structural deficit a budget deficit that results from a fundamental imbalance in government receipts and expenditures, as opposed to one based on one-off or short-term factors a government budget deficit occurs when a government spends more than it receives in tax revenue, while a structural deficit is when a budget deficit. Start studying budget deficit learn vocabulary, terms, and more with flashcards, games, and other study tools.
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. Governments in many countries run persistent annual fiscal deficits a budget deficit occurs when tax revenues are insufficient to fund government spending, meaning that the state must borrow money, usually in the form of government bonds. The budget deficit is the difference between the money federal government takes in, called receipts, and what it spends, called outlays each year the us government has run a multibillion-dollar deficit almost every year in modern history, spending much more than it takes in. The government is facing a deficit of $3 billion we will reduce the federal budget deficit the team overcame a four-point deficit to win the game she has a slight hearing deficit in her left ear.
Definition: budgetary deficit is the difference between all receipts and expenses in both revenue and capital account of the government description: budgetary deficit is the sum of revenue account deficit and capital account deficit if revenue expenses of the government exceed revenue receipts, it. Measuring the government budget deficit: federal deficit, from the concise encyclopedia of economics the simple fact is that the deficit is not a well-defined economic concept the current measure of the deficit, or any measure, is based on arbitrary choices of how to label government receipts and payments. Budget and economic data these data have been published in the budget and economic outlook and updates and in their associated supplemental material, except for that from the long-term budget outlook. The impact of budget cuts on the trade deficit is difficult to measure precisely--studies find that every $100 in budget deficit reduction yields from $20 to $50 in trade deficit reduction why deficits matter: and why the coming soft dollar policy is no solution to america's huge imbalances. Budget deficit n (government, politics & diplomacy) the amount by which government expenditure exceeds income from taxation, customs duties, etc, in any one fiscal year budget deficit when the government’s spending exceeds revenue from taxation compare balanced budget budget surplus thesaurusantonymsrelated wordssynonymslegend: switch to new.
Definition of budget deficit in the audioenglishorg dictionary meaning of budget deficit what does budget deficit mean proper usage and pronunciation (in phonetic transcription) of the word budget deficit information about budget deficit in the audioenglishorg dictionary, synonyms and antonyms. A positive balance is called a government budget surplus, and a negative balance is a government budget deficit a budget is prepared for each level of government (from national to local) and takes into account public social security obligations. 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. Budget deficit from a glossary of terms used in the federal budget process (2005) by us government accountability office the amount by which the government’s budget outlays exceed its budget receipts for a given period, usually a fiscal year.
A country with a balanced budget that runs a deficit for a couple years after a financial crisis before returning to a balanced budget would have a cyclical deficit a country running continuous 5% deficits in normal times has a structural deficit. Budget surplus or deficit definition technically, the budget surplus or deficit is the difference between actual cash collections from taxes and “budgeted” spending, not the actual spending that occurs during the fiscal year.
Budget deficits a budget deficit refers to the balance sheet of a business or, more typically, a government a budget deficit indicates that the entity's revenues are lower than its expenditures. Definition of federal deficit: the amount by which a government's expenditures exceed its tax revenues the difference is made up for by borrowing from. The deficit is the difference between what the us government takes in from taxes and other revenues, called receipts, and the amount of money it spends, called outlays the items included in the deficit are considered either on-budget or off-budget.