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trade deficit
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3 dictionary results for: trade deficit
WordNet - Cite This Source - Share This
trade deficit

noun
an excess of imports over exports 

WordNet® 3.0, © 2006 by Princeton University.
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American Heritage New Dictionary of Cultural Literacy, Third Edition - Cite This Source - Share This
trade deficit

The condition that exists when the value of what a country imports exceeds the value of what it exports; also called an unfavorable balance of trade.

Note: Trade deficits, because they imply that capital is leaving a country, can cause higher interest rates.

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Wallstreet Words - Cite This Source - Share This

trade deficit

The amount of goods and services that a country imports that is in excess of the amount of goods and services it exports. Large trade deficits may result in unemployment and a reduction in economic growth in the country with the deficit. Compare trade surplus.

Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott.
Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company.
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