When government spending overwhelms government revenue resulting in government borrowing.

Government intentionally spending more money than it takes in.

Definition The amount by which a government, company, or individual's spending exceeds its income over a particular period of time. also called deficit or called budget deficit. opposite of budge [..]

Government spending in excess of what they take in as tax revenue. Don't confuse the deficit with the debt: the debt is the total amount the government owes; the deficit is the annual amount by w [..]

is spending that reduces or offsets a surplus. In the business world, the term often refers to situations where expenses exceed revenues, imports exceed exports or liabilities exceed assets.

Deficit Spending is an excess of government expenditures over government revenue. It results in a shortfall that must be financed through borrowing. It is the opposite of budget surplus.

Interest in the economics of deficit finance began to all intents and purposes with the absorption of the economics of the General Theory. Before that, ...

Deficit spending is the amount of money a person or company spends in excess of their income over a measured amount of time.

When government spending overwhelms government revenue resulting in government borrowing.