Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “budget deficit”

budget deficit

noun [C]
 
 
ECONOMICS, FINANCE
the amount of extra money that a government needs because it has spent more money than it earned: The White House says the federal government will run a $9 trillion budget deficit over the next decade. → Compare budget surplus
(Definition of budget deficit from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of budget deficit?
Add Cambridge dictionaries to your browser to your website

More Business English definitions for “budget deficit”

Definitions of “budget deficit” in other dictionaries

Word of the Day

pint

a measure for liquid equal to about half a litre

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More