deficit spending
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deficit spending
n.
The spending of borrowed money by a government when expenditures exceed revenue.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
def′icit spend′ing
n.
the practice of spending funds in excess of income, esp. by a government, usu. requiring that such funds be raised by borrowing, as from the sale of long-term bonds.
[1935–40]
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Noun | 1. | deficit spending - spending money raised by borrowing; used by governments to stimulate their economy |
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Translations
deficit spending
n (Fin) → Deficit-Spending nt
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