Deficit financing refers to a situation where a government spends more than what it collects in revenue. This can lead to a budget deficit and create an imbalance in the economy. Synonyms for deficit financing include public borrowing, debt financing, and fiscal spending. These terms all refer to the practice of borrowing money in order to fund government expenditures. Other synonyms for deficit financing include deficit spending, budget shortfall, and public debt. All of these terms refer to the situation where a government is spending more than it is bringing in, leading to a fiscal imbalance that must be addressed in order to avoid economic problems.