budget_deficit (HyperDic hyper-dictionary)

English > 1 sense of the expression *budget deficit*:
NOUN	possession	budget deficit	an excess of expenditures over revenues

English > *budget deficit*: 1 sense > noun 1, possession
Meaning	An excess of expenditures over revenues.
Narrower	federal deficit	An excess of the federal government's spending over its revenue
Broader	deficit	An excess of liabilities / liabilities over assets (usually over a certain period)

HyperDic: budget_deficit