Deficit

Deficit

An excess of expenditure or liabilities over income or assets in a given period.

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Part of Speech: noun
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Blossary:
Industry/Domain: Economy
Category: Economics
Company: British Broadcasting Corporation (BBC)
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Related terms

deficit

Economy; Economics

In the red – when more money goes out than comes in. A budget deficit occurs when public spending exceeds government revenue. A current account deficit occurs when exports and ...

deficit

Economy; International economics

1. 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 ...

deficit

Government; American government

The amount by which outlays exceed receipts in a given fiscal period.

deficit

Politics; U.S. politics

The amount by which a sum of money falls short of the required amount.

deficit

Economy; Economics

An excess of expenditure or liabilities over income or assets in a given period.

deficit

Financial services; General Finance

An excess of liabilities over assets, of losses over profits, or of expenditure over income.

immaterial economy

Economy; Economics

An economy in which traditional investment in areas such as natural resources, equipment and infrastructures lags behind immaterial items such as training and research and ...

digital economy

Economy; Economics

The digital economy represents the persuasive use of IT (hardware, software, applications and telecommunications) in all aspects of the economy, including internal operations of ...

knowledge management

Economy; Economics

Management of the intellectual product that is generated by associating relationships among items of data and information in a given field. Source: Termium plus. Sub verbis ...

internet economy

Economy; Economics

A business environment created by networks of enterprises conducting e-commerce. (The "I" in "internet is normally spelled with a capital "I") Source: Samarajiva, Rohan. “How the ...

circular economy

Economy; Economics

The discipline which focuses on the design, development, operation, renewal and decommissioning of industrial facilities as ecological systems, with an emphasis on the ...

economic intelligence

Economy; Economics

The techniques for extracting essential information from a large volume of data and presenting it in an easy-to-understand form, hiding all complexity, making it suitable for ...

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