deficit spending


The amount by which a government, company, or individual's spending exceeds its income over a particular period of time. also called deficit or called budget deficit. opposite of budget surplus.

Use deficit spending in a sentence

You need to try to avoid any deficit spending so that you know you will not fall in to any major debt.

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The president faces political pressure to curb deficit spending in an attempt to avoid an increase in taxes and higher inflation.

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The US government has often practiced deficit spending to cover over the difference between tax receipts and the cost of various government services

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deficit net worth surplus spending units