A deficit is a shortage. Similar to anaccount that is overdrawn. in other words you are spending money that does in reality not exist yet.
Deficit spending is spending money you don't own in other words borrowed money.
A deficit, or deficit financing, is what happens when the government spends more money than it takes in from taxes. Deficit spending can be accomplished by borrowing or simply by printing more money. Deficit is a lack or shortage...
When governments say that there is a deficit, they mean that they are unable to come up with the required amount of money needed to run the country.
nominal deficit is the deficit determined by looking at the difference between expenditures and receipts.real deficit: nominal deficit - (inflation x total debt)
fiscal deficit: not enough money budget deficit: not as much money as you had planned to have in your budget revenue deficit: not enough money coming in trade deficit: you are spending more money on imports than the amount of money which you receive for your exports.
Monetized deficit is when the government prints money to pay down the deficit.
Trade deficit
Currently in 2010-2011 1. Revenue Deficit 2. Fiscal Deficit 3.Primary Deficit. There used to be these 2 more type which have been now abolished 4. Budget Deficit 5. Monetised Deficit ~wt.what@gmail.com
nominal deficit is the deficit determined by looking at the difference between expenditures and receipts.real deficit: nominal deficit - (inflation x total debt)
An example of using the noun, deficit, is: "an annual operating deficit."
fiscal deficit: not enough money budget deficit: not as much money as you had planned to have in your budget revenue deficit: not enough money coming in trade deficit: you are spending more money on imports than the amount of money which you receive for your exports.
Primary deficit=Fiscal deficit-[minus] Interest payments
Monetized deficit is when the government prints money to pay down the deficit.
Concept of deficit
Deficit
current account deficit
deficit
Trade deficit
The antonym of deficit is surplus.
Currently in 2010-2011 1. Revenue Deficit 2. Fiscal Deficit 3.Primary Deficit. There used to be these 2 more type which have been now abolished 4. Budget Deficit 5. Monetised Deficit ~wt.what@gmail.com