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)

Credits