deficit

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Related to Budgetary deficit: Budget deficits

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.

2. See operating loss.

Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.

deficit

see BUDGET DEFICIT, BALANCE OF PAYMENTS.

Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005

References in periodicals archive ?

Operations to stabilize the financial system and the recovery plan increased the Belgian budgetary deficit to a maximal value of 5.6% of GDP in 2009.

Implications of the new public debt rule in the 'fiscal compact' for the economic and monetary union

Table 1 Pakistan's Budgetary Deficit Overall Deficit Percentage Years Million Rs of G.D.P 1980-81 14618 5.3 1981-82 17175 5.3 1982-83 25639 7.0 1983-84 25153 6.0 1984-85 36777 7.8 1985-86 41644 8.1 1986-87 46710 8.2 1987-88 57563 8.5 1988-89 56879 7.4 1989-90 58917 6.7 Sources.

Options for financing the budgetary deficit, money supply, and growth of banking sector

Or (b) consideration of national budgetary deficits has no role in defining a people's yearning for national freedom.

Nations and debt

We only wish that the over-riding emphasis on curtailing the budgetary deficit, etc.

The widening budgetary deficit

That the overall budgetary deficit has assumed grave proportions and that it has led to huge capital transfer from private to the public sector are evident from Tables 2 and 3.

Fiscal imbalances as an obstacle to privatization effort

When the PML (N) government assumed power the economy was almost stagnant at 3% GDP growth rate and the budgetary deficit which is the mother of all economic ills stood at 8.8%.

The unfolding political scenario

The figure could only increase in light of a substantial budgetary deficit unless something is done.

Bahrain gets a piece of good news on economy

The city is beset with a P3.5-billion budgetary deficit and at least P600-million unpaid electricity debt.

Erap appeals for scholarships Manilans

It has also been said that it is quite difficult that Pakistan will get the new program of IMF including the previous instalments in order to control the escalating budgetary deficit and foreign loans.

Possibility of at least one more International Monetary Fund tranche for financial equilibrium: Hafeez Sheikh (revised)

He also desired that the allocation of funds after austerity cut to meet the budgetary deficit, be appropriately re-allocated keeping in view the priority areas.

Uniformed development to strengthen national solidarity: PM

GDP showed a fall of 15.6% in 2009 and the budgetary deficit is approaching 7.5% of GDP.