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Also available:
World English Dictionary
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budget deficit
budg·et def·i·cit
(
plural
budg·et def·i·cits
)
noun
Definition:
government debt:
the amount by which government expenditure exceeds revenue
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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