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- DictionaryDef·i·cit spend·ing/ˈdefəsət spendiNG/
noun
- 1. government spending, in excess of revenue, of funds raised by borrowing rather than from taxation.
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Feb 23, 2021 · In the simplest terms, deficit spending is when a government's expenditures exceed its revenues during a fiscal period, causing it to run a budget deficit.
Apr 7, 2024 · The meaning of DEFICIT SPENDING is the spending of public funds raised by borrowing rather than by taxation.
Within the budgetary process, deficit spending is the amount by which spending exceeds revenue over a particular period of time, also called simply deficit, or budget deficit: the opposite of budget surplus. The term may be applied to the budget of a government, private company, or individual.
Sep 9, 2023 · Deficit spending is when a government spends more than the revenue it collects during a certain period. Fiscal deficits occur when a government's total...
Key term. Definition. balanced budget. when a government's spending on goods, services, and transfer payments equals its tax revenues. budget deficit. when a government spends more on goods, services, and transfer payments than it collects in tax revenues; budget deficits add to the national debt. budget surplus.
The amount by which spending exceeds revenue, $ trillion in 0, is referred to as deficit spending. The opposite of a budget deficit is a budget surplus , which occurs when the federal government collects more money than it spends.
Mar 28, 2020 · A fiscal deficit is a shortfall in a government's income compared with its spending. A government that has a fiscal deficit is spending beyond its means. A fiscal deficit is...
