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Deficit
(redirected from Fiscal Deficit)

   Also found in: Dictionary/thesaurus, Medical, Legal, Wikipedia 0.02 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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India said Thursday it would use proceeds from its sale of stakes in state-run firms to fund social schemes and ease pressure on its gaping fiscal deficit for the next three years.
In fact, there is a strong risk that this legislation would ultimately add to the fiscal deficit.
MANAGING the heavy government borrowing due to the huge fiscal deficit in the budget, in a non- disruptive way, poses a major challenge for the Reserve Bank of India ( RBI).
 
 
 
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