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Deficit
(redirected from Budget deficits)

   Also found in: Dictionary/thesaurus, Medical, Legal, Wikipedia 0.01 sec.
Deficit
An excess of liabilities over assets, of losses over profits, or of expenditure over income.

Deficit
A situation in which outflow of money exceeds inflow. That is, a deficit occurs when a government, company, or individual spends more than he/she/it receives in a given period of time, usually a year. One's deficit adds to one's debt, and, therefore, many analysts believe that deficits are unsustainable over the long-term. See also: Surplus.

deficit
1. A negative retained earnings balance. A deficit results when the accumulated losses and dividend payments of a business exceed its earnings.


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That finding was in line with Obama's pledge that his health reform push will not increase budget deficits by "one dime.
German budget deficits will hit €90 billion by 2010, breaking Germany's post-war budget deficit record of €40 billion in 1996, the German Finance Minister said Thursday.
But Republican Minority Leader John Boehner denounced the plan as "a road map to disaster," highlighting skyrocketing budget deficits that balloon the US national debt.
 
 
 
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