TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

fiscal deficit [1 record]

Record 1 2008-09-17

English

Subject field(s)
  • Government Accounting
  • Public Sector Budgeting
  • Foreign Trade
DEF

When a government's total expenditures exceed the revenue that it generates (excluding money from borrowings).

OBS

Deficit differs from debt, which is an accumulation of yearly deficits.

French

Domaine(s)
  • Comptabilité publique
  • Budget des collectivités publiques
  • Commerce extérieur

Spanish

Campo(s) temático(s)
  • Contabilidad pública
  • Presupuestación del sector público
  • Comercio exterior
CONT

En una crisis económica el deterioro de la balanza comercial, el comportamiento de las exportaciones, el crecimiento de la base monetaria, la razón entre el dinero en sentido amplio y las reservas internacionales brutas, el crecimiento del PIB y el déficit fiscal son también estadísticamente significativos.

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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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