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  3. Finance Glossary
  4. Terms Beginning With B
  5. Budget Deficit

Budget Deficit

Definition of 'Budget Deficit'

The excess of government outlays over government receipts.

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Related Terms

Structural BudgetBalanced Budget MultiplierBudget ConstraintBudget ShareBalance of PaymentsCapital Account (Balance of Payments)IMFTrade DeficitBudgetBudget (National)Inflation-Adjusted BudgetMaastricht TreatyPublic Sector Debt Repayment

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