budget deficit; fiscal deficit
Tone colorsmāmámǎmàma
Meanings
1 sense · 4 examplesnoun
fiscal deficit; budget deficit
formalAn official economic term. The literal 'red ink' comes from accounting practices. Often discussed in macroeconomics, government reports, and news.
Wèi为
le了
cì刺
jī激
jīng经
jì济
，
zhèng政
fǔ府
jì计
huà划
kuò扩
dà大
cái财
zhèng政
chì赤
zì字
。
To stimulate the economy, the government plans to expand the fiscal deficit.
Gāi该
guó国
de的
cái财
zhèng政
chì赤
zì字
yǐ已
lián连
xù续
sān三
nián年
zēng增
zhǎng长
。
The country's budget deficit has grown for three consecutive years.
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Jiǎn减
shǎo少
cái财
zhèng政
chì赤
zì字
shì是
běn本
jiè届
zhèng政
fǔ府
de的
zhǔ主
yào要
mù目
biāo标
zhī之
yī一
。
Reducing the fiscal deficit is one of the primary goals of this administration.
Jīng经
jì济
xué学
jiā家
jǐng警
gào告
shuō说
，
jù巨
dà大
de的
cái财
zhèng政
chì赤
zì字
kě可
néng能
yǐn引
fā发
tōng通
huò货
péng膨
zhàng胀
。
Economists warn that a huge budget deficit may trigger inflation.