| deficit |
The amount of money where income falls short of expenditures.
Ãâó: www.cyberlearning-world.com/nhhs/html/vocansw.htm
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| deficit |
A fiscal condition which may occur at the end of a fiscal year, whereby expenditures for a fiscal year exceed the actual cash intake of revenues during the same period plus the prior year surplus. The deficit must be paid for out of the next year's revenues.
Ãâó: www.oit.state.pa.us/budget/lib/budget/1995-1996/bu...
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| deficit |
A deficit is the amount by which spending exceeds revenues for one fiscal year.
Ãâó: www.nationalpriorities.org/budget/budgetpages/glos...
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