deficit
In the balance of payments, or in any category of international transactions within it, the deficit is the sum of debits minus the sum of credits, or the negative of the surplus. In the government budget, the deficit is the excess of government expenditures over receipts from taxes.
Browse by Subjects
sterilized intervention
loss
adverse balance
unbalanced
See All Related Terms »

Denominated
leaseholder
Financial Accounting Standards Board
checking account
price differential