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That more was spent than was earned

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Florine Wiza

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2y ago

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Related Questions

What does the word deficit mean?

Marriam-webster.com defines deficit in this way: "deficency in amount or quality, a lack or imparement in functional capacity, and disadvantage." Basically to have a deficit means to have less than you need.


What does the medical abbreviation FVD mean?

Fluid Volume Deficit


What is attention deficient syndrome?

I think you mean Attention Deficit Disorder(ADD), if you don't mean Attention Deficit Disorder then you should go into more detail so another contributor can tell you the right answer.


What is a deficit?

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.


What do you mean by fiscal deficit?

When a government's total expenditures exceed the revenue that it generates (excluding money from borrowings). Deficit differs from debt, which is an accumulation of yearly deficits.


What does the Latin word Deficit mean in modern English?

for a sum to fall short


On a balance sheet what does members' deficit mean?

On a balance sheet, Members' Deficit indicates that there is a lack of equity for the company's capital investors. Usually this account would be known as members' equity, but because the said equity is negative there exist instead a deficit.


What is having a deficit in natural capital?

it mean a country is basically i debt and losses money.


How do you calculate nominal deficit?

nominal deficit is the deficit determined by looking at the difference between expenditures and receipts.real deficit: nominal deficit - (inflation x total debt)


What is the noun of deficit?

An example of using the noun, deficit, is: "an annual operating deficit."


What is the difference among fiscal deficit budget deficit revenue deficit and trade 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.


What is primary deficit in a budget?

Primary deficit=Fiscal deficit-[minus] Interest payments