deficit

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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.

deficit

see BUDGET DEFICIT, BALANCE OF PAYMENTS.
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.
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.
Or (b) consideration of national budgetary deficits has no role in defining a people's yearning for national freedom.
We only wish that the over-riding emphasis on curtailing the budgetary deficit, etc.
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.
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 figure could only increase in light of a substantial budgetary deficit unless something is done.
The Government posted a budgetary deficit of $1.0 billion for the fiscal year that ended on March 31, 2016.
The city is beset with a P3.5-billion budgetary deficit and at least P600-million unpaid electricity debt.
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.
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.
GDP showed a fall of 15.6% in 2009 and the budgetary deficit is approaching 7.5% of GDP.