budget deficit

• Situação financeira em que um governo, organização ou indivíduo gasta mais dinheiro do que arrecada ou recebe em um determinado período, gerando um déficit que precisa ser coberto por empréstimos ou uso de reservas.

A financial situation where a government, organization, or individual spends more money than they earn or receive over a specific period, resulting in a shortfall that must be covered by borrowing or using reserves.

1. Financial shortfallB2formal

   A situation where a government, company, or individual spends more money than they earn or receive over a specific period.

   Déficit orçamentário

   • The government is trying to reduce the budget deficit by cutting unnecessary expenses.
   • A large budget deficit can lead to increased national debt.
   • The company's budget deficit forced it to take out a loan.

2. Economic indicatorB2formal

   The amount by which spending exceeds revenue in a given fiscal year, often used to assess the health of an economy.

   Déficit orçamentário

   • The budget deficit has grown by 5% compared to last year.
   • Politicians often debate how to address the budget deficit.
   • A persistent budget deficit may require tax increases or spending cuts.