deficit financing

American  

noun

1. (especially of a government) expenditures in excess of public revenues, made possible typically by borrowing.

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deficit financing British  

noun

1. Also called: compensatory finance.   pump priming.  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

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deficit financing Cultural  

1. A government policy of financing large public expenditures by borrowing money rather than by raising taxes; also called deficit spending.

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Related Words

• budget deficit