deficit spending

deficit spending definition - business

deficit spending

Expenditures that are in excess of revenues during a given period. Deficit spending is generally applied to governmental units, but the concept is equally applicable to private businesses.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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