What is another word for budget deficit?

20 synonyms found

Pronunciation:

[ bˈʌd͡ʒɪt dˈɛfɪsˌɪt], [ bˈʌd‍ʒɪt dˈɛfɪsˌɪt], [ b_ˈʌ_dʒ_ɪ_t d_ˈɛ_f_ɪ_s_ˌɪ_t]

Budget deficits, also known as fiscal deficits or government deficits, occur when a government spends more money than it collects in revenue during a fiscal year. Other synonyms for budget deficit include shortfall, overdrawn, negative balance, debt, financial gap, and monetary shortage. These terms are often used to describe different aspects of the same phenomenon - a government's inability to maintain financial stability. Amid the COVID-19 pandemic, many governments have experienced an unprecedented increase in budget deficits due to emergency spending on healthcare, social protection, and economic stimulus measures. Understanding the various synonyms for budget deficit is crucial for policymakers, economists, and everyday citizens alike to comprehend the potential effects of fiscal imbalances on a country's economy and financial well-being.

What are the hypernyms for Budget deficit?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the hyponyms for Budget deficit?

Hyponyms are more specific words categorized under a broader term, known as a hypernym.
  • hyponyms for budget deficit (as nouns)

Word of the Day

lithographic limestone or slate
Lithographic limestone or slate carries immense significance in the realm of printing and art. These materials have long been used to create picturesque and vibrant images through ...