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What is another word for budget deficit?

Pronunciation: [bˈʌd͡ʒɪt dˈɛfɪsˌɪt] (IPA)

Budget deficits, also known as fiscal deficits or government deficits, occur when a government spends more money than it collects in revenue during a fiscal year. Other synonyms for budget deficit include shortfall, overdrawn, negative balance, debt, financial gap, and monetary shortage. These terms are often used to describe different aspects of the same phenomenon - a government's inability to maintain financial stability. Amid the COVID-19 pandemic, many governments have experienced an unprecedented increase in budget deficits due to emergency spending on healthcare, social protection, and economic stimulus measures. Understanding the various synonyms for budget deficit is crucial for policymakers, economists, and everyday citizens alike to comprehend the potential effects of fiscal imbalances on a country's economy and financial well-being.
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Synonyms for Budget deficit:

What are the hypernyms for Budget deficit?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the hyponyms for Budget deficit?

Hyponyms are more specific words categorized under a broader term, known as a hypernym.

  • hyponyms for budget deficit (as nouns)

Famous quotes with Budget deficit

  • I said we are going to balance an $11 billion budget deficit in a $29 billion budget, so by percentage, the largest budget deficit in America, by percentage, larger than California, larger than New York, larger than Illinois. And we're going to balance that without raising taxes on the people of the state of New Jersey.
    Chris Christie
  • I've, we have in this state, like many other states, we're experiencing an enormous budget deficit that we're trying to grapple with. But we will have progress despite the deficits.
    Jennifer M. Granholm
  • You mentioned Ross Perot. Mr. Perot jumped into the race at the last minute, had one issue that he ran on, the budget deficit, was in and out of the race a couple of times, and still got 20 million votes, didn't have the Internet.
    Hamilton Jordan
  • What we do want to see is reforms that are going to have a permanent effect on the budget deficit.
    Ed Parker

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