What is the meaning of DEFICIT SPENDING?

DEFICIT SPENDING is an excess of government expenditures over government revenue, resulting in a shortfall that must be financed through borrowing.

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APABarry Goldsmith. (2010). deficit spending. Retrieved September 24, 2026, from http://smartdefine.org/deficit_spending/definitions/1151742
ChicagoBarry Goldsmith. 2010. "deficit spending" http://smartdefine.org/deficit_spending/definitions/1151742 (accessed September 24, 2026).
HarvardBarry Goldsmith 2010, deficit spending, Smart Define, viewed 24 September, 2026, <http://smartdefine.org/deficit_spending/definitions/1151742>.
MLABarry Goldsmith. "deficit spending" 21 October 2010. Web. 24 September 2026. <http://smartdefine.org/deficit_spending/definitions/1151742>
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