Definitions for budget deficit
bud·get deficit

Princeton's WordNetRate this definition:0.0 / 0 votes

1. budget deficitnoun

   an excess of expenditures over revenues

WikipediaRate this definition:0.0 / 0 votes

1. 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.

ChatGPTRate this definition:0.0 / 0 votes

1. 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

1. • Deficit

How to pronounce budget deficit?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

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   Fred

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   Tessa

   South African

How to say budget deficit in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of budget deficit in Chaldean Numerology is: 5

2. Pythagorean Numerology

   The numerical value of budget deficit in Pythagorean Numerology is: 7

Examples of budget deficit in a Sentence

1. Tom Price:

   Every percentage point of added GDP growth reduces the budget deficit by $ 3 trillion over the next decade.

2. Jeff Kingston:

   Given Japan's aging society and the growing budget deficit, there's a need for the young to increase tax payments, lowering the age of adulthood could be a way to convince them that they have a stake and voice in society.

3. 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.

4. Zsolt Papp:

   It's turned out better than initial expectations. They managed to reduce the budget deficit without imposing austerity and hiking taxes across the board, growth, current account, by the measures that investors look at, Hungary is doing okay, compared to where it was before, compared to neighbours and the wider emerging markets universe.

5. Li Huiyong:

   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.

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=budget deficit
2. ^ Wikipedia
   https://en.wikipedia.org/wiki/Budget_Deficit
3. ^ ChatGPT
   https://chat.openai.com