The amount by which a government, company, or individuals spending exceeds...
Deficiency in amount or quality; a falling short; lack; as, a deficit in taxes, revenue, etc.
(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 spending Defined asset fund
shortfall/deficiency of revenues over expenditures of the government.
An excess of liabilities over assets, of losses over profits, or of expenditure over income.
The amount by which expenditures exceed revenues.
Occurs when expenditures are greater than revenue and beginning fund balance. Ordinarily, deficits should be incorporated into the next year's rate proposal.
deficit is the amount by which spending exceeds revenues for one fiscal year.
In Economics, when the balance of trade or payments are negative.
This signifies "in the red", a financial shortfall. For instance, a government will experience a budget deficit when its expenditures exceed its revenues during the reference financial year. Français: Déficit Español: Déficit
In the balance of payments, or in any category of international transactions within it, the deficit is the sum of debits minus the sum of credits, or the negative of the surplus. In the government budget, the deficit is the excess of government expenditures over receipts from taxes.
the result of spending more money than one takes in
The result of expenditures being greater than income (the opposite of surplus).
(1) The excess of liabilities and reserves of a fund over its assets (2) The excess of expenditures over revenues during an accounting period (See Fund Balance).
a deficiency, or an excess of expenditure over income.
Same as budget deficit.
This term is used in place of retained earnings when the balance in the retained earnings account is negative (a debit balance). To Top
Making less money than your expenditure results in a deficit.
In commerce, a shortfall resulting by comparing the credit side or funds with the fund or capital placed in the enterprise. The difference resulting from comparing the assets and the liabilities of an organisation when the amount of the latter is greater than that of the former.
The amount by which the government's spending exceeds its revenues in a fiscal year.
(1) The excess of the liabilities and reserves of a fund over its assets. (2) The excess of expenditures over revenues during an accounting period or, in the case of proprietary funds, the excess of expenses over revenues during an accounting period.
Amount by which the government's budget outlays exceed its budget receipts for a fiscal year.
The excess of an entity's liabilities over its assets or the excess of expenditures or expenses over revenues during a single accounting period.
A deficit is the amount by which outlays exceed receipts.
in a balance of payments account, the amount by which debits exceed credits
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.
an excess of liabilities over assets (usually over a certain period)
a shortage of funds not covered by tax revenues
The result of the government taking in less money than it spends.
Occurs when expenditure exceeds income.
The amount by which the federal government's total outlays exceed its total revenues in a given period, typically a fiscal year. See outlays and revenues; compare with surplus.
The debit balance in the retained earnings account.
spending more than the income taken in
Expenses in excess of related income.
A negative balance of Forex market trading or payments.
occurs when, in any fiscal year, the expenses of an organization exceed its revenue.
It refers to the difference that results when outlays exceed revenues for any single year. The national debt is the aggregation of these annual deficits.
The result of expenditures exceeding the project funds available.
Amount by which spending exceeds available funds during a fiscal year.
A financial situation for an individual, company or government where expenses exceed income.
A negative amount (debit balance) of retained earnings caused by cumulative losses and dividend distributions exceeding cumulative net income.
"Deficit is the amount by which a business or government's budgetary spending exceeds revenues over a particular period of time." Source: Department of Finance
The excess of expenditures over revenues (authorized budget) during an accounting period or award/project period for grants and contracts.
If your income is less than your expenditure i.e. you are spending more than you are bringing in, this is a deficit. Reducing your outgoings or increasing your income can assist in a financial deficit.
The excess of liabilities over assets; a negative net worth.(advertisement)
An excess of expenses over income.
A deficit, for purposes of the cash-basis Financial Plan, is an excess of disbursements over receipts at the end of a fiscal year. On a GAAP basis, a deficit is an excess of expenditures or expenses over revenues at the end of a fiscal year.
Expenses or costs in excess of revenue being received over a measured period of time.
The amount of annual government spending in excess of that year's tax receipts, which is paid for by going into debt. Not to be confused with the debt, which is the sum total of all deficits. Prior to the Great Depression, deficits and unbalanced budgets were considered a moral shortcoming. Keynes, however, proved that a certain amount of deficit spending is actually helpful for promoting economic growth and climbing out of recessions and depressions.
Expenditures exceed funds available.
A shortfall in income compared to what needs to be, or has been, spent.
The deficit is the difference produced when spending exceeds revenues in a fiscal year.
The difference produced when a government's spending exceeds its revenues in a fiscal year.
A deficit occurs when the government spends more than it receives in revenue. The deficit equals government revenue minus program expenses and debt servicing costs. (See also: Surplus).
A negative balance of trade or payments.
Excess of liabilities and debts over income and assets. Deficits usually are corrected by borrowing or by selling assets. In finance, an excess of expenditures over budget.
the amount by which your expenses exceed your income (opposite of surplus)
The amount by which outlays exceed receipts in a given fiscal period. (A surplus would be the amount by which receipts exceed outlays.)
Also known as overdraft. A balance less than $0.00. The amount by which an account's expenses and transfers out exceed revenues and transfers in.
The amount by which outlays exceed revenues each year, which the federal government must borrow.
The amount by which expenditures exceed the amount budgeted or the amount by which liabilities exceed income and assets. Deficits can be corrected by borrowing money or by selling assets. See: Asset; Liability
Financial shortage that occurs when LIABILITIES exceed ASSETS.
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.
Shortfall in the balance of trade, balance of payments, or government budgets.
An economic shortfall, where expenses exceed income; a debit balance in the retained earnings account.
Occurs when expenditure exceeds revenue.
The shortfall between government revenues and budgetary spending in any given year. A surplus occurs when annual revenues exceed expenditures.
Lack, or shortfall.
The amount each year by which government spending is greater than government income.
Any excess of debits over credits at the end of a given accounting period. (G,R)
A budget deficit occurs when an entity (often a government) spends more money than it takes in. The opposite is a budget surplus.