Definition of deficit spending in English:

Share this entry

deficit spending

noun

[mass noun]
Government spending, in excess of revenue, of funds raised by borrowing rather than from taxation.
Example sentences
  • As in Chile, this massive redirection of funds from government deficit spending into private investment could raise U.S. economic growth to a new level altogether.
  • The government finances its deficit spending by inflation.
  • Growth requires new money that finances deficit spending by firms and consumers.

For editors and proofreaders

Line breaks: def|icit spend|ing

Share this entry
 

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.