Deficit Spending
/ˈdɛfɪsɪt ˈspɛndɪŋ/
Definitions
- (n.) Government practice of expenditures exceeding revenue, leading to borrowing and debt.
The legislature debated the implications of deficit spending for national debt.
Forms
- deficit spending
Related terms
See also
Commentary
Deficit spending is primarily a fiscal policy concept relevant in public law and economic regulation contexts; careful definition distinguishes it from general overspending.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.