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deficit financing |
Also found in: Financial, Encyclopedia, Wikipedia, Hutchinson | 0.05 sec. |
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deficit financing n
(Economics, Accounting & Finance / Banking & Finance) government spending in excess of revenues so that a budget deficit is incurred, which is financed by borrowing: recommended by Keynesian economists in order to increase economic activity and reduce unemployment Also called compensatory finance pump priming Translations deficit financing How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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City Councilman Jack Weiss, a Villaraigosa supporter, called the budget ``Christmas in April,'' and accused the mayor of deficit financing in allocating reserves from this year to next year's budget. Don't forget, looming on the horizon next year is an even bigger deficit once the deficit financing bonds are exhausted" and the state can no longer rely on $1. The Ministry of Finance's (MOF) struggles to contain an explosion of deficit financing in the wake of the 1970s oil shock are the focus of the story. |
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