/ English Dictionary |
FEDERAL DEFICIT
Pronunciation (US): | (GB): |
I. (noun)
Sense 1
Meaning:
An excess of the federal government's spending over its revenue
Example:
federal deficits can cause inflation
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("federal deficit" is a kind of...):
budget deficit (an excess of expenditures over revenues)