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Definitions and Synonyms of budget deficit | Another word for budget deficit | What is budget deficit?

Definition 1: an excess of expenditures over revenues - [noun denoting possession]

(budget deficit is a kind of ...) an excess of liabilities over assets (usually over a certain period)

"last year there was a serious budgetary deficit"

(... is a kind of budget deficit ) an excess of the federal government's spending over its revenue

"federal deficits can cause inflation"

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