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deficit spending

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deficit spending

–noun
the practice of spending funds in excess of income, esp. by a government.

Origin:
1935–40
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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deficit spending  
n.  The spending of public funds obtained by borrowing rather than by taxation.
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Financial Dictionary

deficit spending

Expenditures that are in excess of revenues during a given period of time. Deficit spending is generally applied to governmental units, but the concept is equally applicable to private businesses.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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