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Term: Banking -> Budget Deficit
Term:

Budget Deficit

Definition:

The dollar amount of on-budget government expenditures minus the dollar amount of government revenues. A negative (positive) amount indicates that the government is collecting less (more) than it is spending and is viewed as stimulative for the U.S. and global economy.

Related terms:

Economic growth

Compensating balance

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Loan amortization
Balance Sheet
Cost Spreading


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