0 the total amount by which money spent is more than money received -- déficit
1 when the amount of money spent is more than the amount earned -- déficit [ masculine ]
the country’s budget/trade deficit el déficit presupuestario/comercial del país
This situation is very alarming, of course, with a government deficit of 12.7% and government debt poised to exceed 130%.
Debt securities imply debt and would open the door to deficits building up debt.
Many countries struggle with large budget deficits which they would not have at all if they were to abolish large-scale unemployment.
Large budget deficits have an adverse effect on economic developments.
The question is whether these improvements are going to compensate for the serious deficits that exist in relation to figures.
Such a budget deficit is defensible in the long term.
