deficit

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Related to Government deficit: budget deficit, Government debt

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 ?
Hassan said that Nahhas had prevented the government deficit from being "the lowest in 20 years." -- The Daily Star
He added: "It is important to note that the underlying 2009 General Government deficit is 11.8% of GDP, which is broadly similar to that projected in December's Budget."
The adjusted [R.sup.2] of 0.866 suggests that real M2, government deficit spending, the real effective exchange rate, Q1, and Q2 combined can explain 86.6% of the variation in real GDP.
A major question mark is whether inflation will come down to around 3%, while the government deficit could also be higher than projected.
Hence, the emphasis put -- since the mid-1980s -- on the necessity to reduce the government deficit. As a result, the deficit declined from a peak of 9.5 per cent of GDP in 1983/94 to less than 2 per cent in 1993/94 and led to a significant improvement in the current account position.
The government deficit and debt situation is not a new phenomenon.
BRUSSELS, April 23 (KUNA) -- In 2018, the government deficit and debt of both the 19-member euro area and the 28-member European Union (EU) decreased compared with 2017.
The general government deficit of Slovakia was 0.78 percent of gross domestic product last year.
Consequently, we expect the central government deficit target to slip modestly to 3.4 percent of GDP, while the combined general government deficit (central and state) should remain at about 6.3 percent of GDP," Moody's said.
Summary: QatarEe's budget for the new fiscal outlines a clear intent to reduce the government deficit while also supporting growth through higher capital spending, according to Qatar National Bank (QNB).
The central bank of Israel has said that government deficit will increase in 2015.

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