Definition of
budget deficit
amount expenditure exceeds income the extent by which expenditure exceeds revenue, especially that of a government.
Related definitions of "budget deficit"
- Also called deficit
Related
Dictionary Term
deficitBlog Post
US deficit finally gets the politicians thinking
By Anthony Harrington, April 12, 2011Blog Post
Greek deal: Nice, but what about the trade deficit?
By Anthony Harrington, March 2, 2012Blog Post
The UK Budget should involve the Monetary Policy Committee
By Mindful Money, March 21, 2012Dictionary Term
austerity budget
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