deficit

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Related to Deficits: Budget deficits, Trade 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.

deficit

see BUDGET DEFICIT, BALANCE OF PAYMENTS.
References in periodicals archive ?
Pakistan's current account deficit contracts 29.5% to $9.6b
The deficit for the first five months of the federal fiscal year (October 2018 to February 2019) comes to $544.2 billion, up nearly 40 percent from the same period in 2017, according to Treasury.
The report showed that the United States had become an increasingly large driver of global deficits, accounting for 43pc of all global deficits last year, up from 39pc in 2016.
We've seen this picture before: Congress and the White House feel a twinge of conscience, enact a law to end deficit spending, and struggle to adhere to it for a few years.
In 2015-16, health boards combined recorded a PS50.3m budget deficit, with Hywel Dda and Betsi Cadwaladr University Health Boards the only two to overspend.
Over 2013 as a whole it has been interesting to see how the three key elements which drive the deficit calculation have independently influenced the deficit, said Ali Tayyebi, head of DB Risk in the UK.
The Council called on Bulgaria to bring its deficit back below 3 % of GDP in 2011 at the latest.
The January 2012 deficit was caused by a shortfall of $187 million in the net foreign assets of banks and financial institutions and a deficit of $103 million in those of the Central Bank.
The Keynesian income-expenditure approach explains the mechanism behind this twin deficit relationship.
Economists--even free market ones--can't agree on whether deficits matter either.
He forecast that a falling dollar would send interest rates up out of control if the federal budget deficit was not reduced--reduced by higher taxes.
ITEM: An Associated Press article in USA Today, entitled "Federal Deficit Now Lowest in 4 Years," reported on October 11: "The federal deficit fell to a four-year low in the budget year that just ended, a result President Bush pointed to Wednesday in claiming Republicans are better stewards of the economy than are Democrats."