deficits

Definition of deficits in English English dictionary: Plural of deficit
deficit: A situation wherein, or amount whereby, spending exceeds government revenue
deficit: Deficiency in amount or quality; a falling short; lack
trade deficits: plural form of trade deficit
deficit: {i} lack; shortage
deficit: A deficit is the amount by which something is less than what is required or expected, especially the amount by which the total money received is less than the total money spent. They're ready to cut the federal budget deficit for the next fiscal year. If an account or organization is in deficit, more money has been spent than has been received. The current account of the balance of payments is in deficit. the difference between the amount of something that you have and the higher amount that you need shortfall (déficit, from deficit , from deficere; DEFECT)
deficit: A national budget deficit occurs when a country's public spending exceeds government revenues A current account deficit exists when exports and financial inflows from private and official transfers are worth less than the value of imports and transfer outflows A trade deficit occurs when imports of goods and services exceed exports
deficit: A financial situation for an individual, company or government where expenses exceed income
deficit: The amount by which budget expenditures exceed government revenues, or income, in a given fiscal year
deficit: An excess of liabilities over assets, of losses over profits, or of expenditure over income
deficit: The excess of the liabilities and reserves of a fund over its assets
deficit: the property of being an amount by which something is less than expected or required an excess of liabilities over assets (usually over a certain period)
deficit: The amount by which outlays exceed revenues in a given period, typically a fiscal year A negative deficit is equivalent to a surplus See surplus [Back to top]
deficit: Deficiency in amount or quality; a falling short; lack; as, a deficit in taxes, revenue, etc
deficit: The amount each year by which government spending is greater than government income
deficit: Expenditures exceed funds available
deficit: The shortfall between a government's revenues from taxation and its expenditures, in any one year It must then borrow money to meet its expenditures
deficit: an excess of expenses over income during a prescribed period and at a fixed moment in time
deficit: Any excess of debits over credits at the end of a given accounting period (G,R)
deficit: Expenses exceed revenues
deficit: A fiscal condition which may occur at the end of a fiscal year, whereby expenditures for a fiscal year exceed the actual cash intake of revenues during the same period plus to prior year surplus The deficit must be paid for out of the next year's revenues
deficit: For a state, the fact of spending more than its revenues
deficit: The amount by which expenditures exceed receipts in a given fiscal period
deficit: shortfall/deficiency of revenues over expenditures of the government
deficit: (1) The excess of liabilities and reserved equity of a fund over its assets (2) The excess of expenditures over revenues during an accounting period; or, in the case of Enterprise and Internal Service Funds, the excess of expense over income during an accounting period
deficit: The amount by which outlays exceed receipts in a given fiscal period (A surplus would be the amount by which receipts exceed outlays )
deficit: (1) Excess of liabilities over assets (2) The excess of expenditures or expenses over revenues during an accounting period
deficit: A negative balance of trade (or payments); expenditures are greater than income/revenue
deficit: The amount by which expenditures exceed revenues
deficit: an excess of liabilities over assets (usually over a certain period)
deficit: – shortfall/deficiency of revenues over expenditures of the government
deficit: the property of being an amount by which something is less than expected or required
deficit: The amount by which the government's spending exceeds its revenues in a single fiscal year
deficit: The amount each year by which government spending is greater than government income [FRBSF] (see also fiscal policy)
deficit: Expenditures exceed funds available; also "cost overrun"