answersLogoWhite

0

When the money coming in (revenue) is not enough to cover expenses.

User Avatar

Wiki User

16y ago

What else can I help you with?

Continue Learning about Economics
Related Questions

What is theDifference between fiscal deficit and revenue deficit?

when the expenditure is more then the revenue.it means that your spending is more then the amount which you have[revenue]


Definition of budget deficit?

If the revenue is less than the expenditure, a budget is said to be in deficit. A budget is divided into 3: a. Surplus budget b. Deficit budget c. Balanced budget Surplus : REVENUE greater than EXPENDITURE Deficit : REVENUE less than EXPENDITURE Balanced : REVENUE equals EXPENDITURE


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.


How can one identify and calculate a budget deficit effectively?

To identify and calculate a budget deficit effectively, one should compare the total government spending to the total government revenue. If the spending exceeds the revenue, it indicates a budget deficit. The deficit amount can be calculated by subtracting the revenue from the spending.


Whether fiscal deficit is always bad?

Fiscal deficit is not always bad.... deficit arises from two parts - capital deficit and revenue deficit. now revenue deficit is obviously bad for economy stating that we are not able to pull money sufficient to meet our revenue and there is no asset creation. on the other hand if major fiscal deficit is coming from capital deficit its not all that a bad news. after all asset creation is taking place. n such moves are welcome.


What results when expenditures exceed revenue?

A deficit is the result when expenditure exceeds revenue.


What is visible trade deficit?

visible trade deficit occurs when import expenditure exceeds the export revenue.


What is meant by surplus and deficit?

For a government that taxes and spends, there is revenue (income) and expenditures (outlays). When the expenditures exceed the revenue, the difference is a deficit, also referred to as a "shortfall". When revenue exceeds expenditures, there is money left over, and this is a surplus.


Which describes a budget in which expenditures exceed revenue?

budget deficit


When revenue is greater than expenses what is it called?

Loss or a deficit.


What is the Difference between fiscal deficit and revenue surplus?

Budget for a fiscal year is a statement of revenue and expenditure of the government for the particular year. If the expenditure is more than the revenue for a particular year, then this difference is called the fiscal deficit. If the revenue is more than the expenditure for a particular year then this difference is called the excess revenue.


What is a budget deficit?

A budget deficit is when the finances of a something exceeds its revenue. This basically means they have spent too much money.