# Deficit

- Canonical URL: https://www.gerhardmerk.de/deficit
- Post ID: 590855
- Modified: 2023-07-25T20:59:06+00:00
- Language: en

## Definition

The condition of an economic unit where expenses exceed income (a situation for an economic unit where expenses exceed income). - The government spends more than it takes in (relating to general government: the amount by which outlays exceed receipts in a given fiscal period). - See deficit spending, deficit ratio, budget deficit, insolvency, sustainability, nonaffectation principle, parafiscus, debt brake, government debt, government debt pressure, Stability and Growth Pact, sunset proviso. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

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