budget deficit

1. 1.

   an excess of expenditures over revenues

   Broaderdeficit

   Narrowerfederal deficit

Questions about budget deficit

What does budget deficit mean?

budget deficit means "an excess of expenditures over revenues".

Is budget deficit a common word?

budget deficit is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.