A surplus is more than needed, a deficit is a shortage or loss
The difference, on a yearly basis, between the budget (expenses) for the federal government of the United States and revenues (income). When the expenses are more than the income, the difference is called the deficit. When the income is more than the expenses, the difference is called a surplus.
The opposite of a deficit is a surplus. A deficit occurs when a country's expenses are greater than their revenues. A surplus is the opposite.
Germany currently has a trade surplus. COOL HUH !
It has a surplus in trade of invisibles, and a deficit in trade of visibles.
If the Government expenditures are more than government receipts this situation represents Budget Deficit and if the government expenditures are less than the government revenue or the revenues are more than expenditures, the budget is Surplus.
Surplus energy is an excess amount and deficit is not enough energy
The difference, on a yearly basis, between the budget (expenses) for the federal government of the United States and revenues (income). When the expenses are more than the income, the difference is called the deficit. When the income is more than the expenses, the difference is called a surplus.
The opposite of a deficit is a surplus. A deficit occurs when a country's expenses are greater than their revenues. A surplus is the opposite.
Deficit
Germany currently has a trade surplus. COOL HUH !
It has a surplus in trade of invisibles, and a deficit in trade of visibles.
If the Government expenditures are more than government receipts this situation represents Budget Deficit and if the government expenditures are less than the government revenue or the revenues are more than expenditures, the budget is Surplus.
deficit
Trade deficit
The antonym of deficit is surplus.
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.
The main difference between the fiscal and budget deficit is of time period in consideration.Fiscal Deficit is the Govt. Deficit (Government Expenditures - Government Earnings (excluding borrowings)) for a fiscal year let say 2008-09 while...Budget Deficit is the Govt. Deficit in fiscal year 2008-09 (i.e. fiscal deficit for year 2008-09) plus the past Debt over the Government (i.e. the net sum of all past Fiscal deficit/surplus before fiscal year 2008-09).