deficit
Definition
Excess of expenses over income or liabilities over assets.
deficit is in the Accounting & Auditing and Banking, Commerce & Finance subjects.
deficit appears in the definitions of the following terms: actuarial gain or loss, accumulated fund, inflation, red ink, balance of payments (BOP), absorption, invisible balance and adjustment policies
deficit appears in the other terms: deficit financing, primary deficit, deficit spending, budget deficit, deficit carried forward, trade deficit
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