The negative of the budget surplus; thus the excess of expenditure over income.
The amount by which a government, company or individual`s spending exceeds its income over a particular period of time
The amount by which government spending exceeds government revenues.
The amount by which government spending exceeds government revenues. 
When government expenditure exceeds government income.
A situation where government expenditure exceeds government income. Government income comes from taxation and other revenue and where this is less than the money the government is spending on defence, education, health, welfare and so on, this is called a budget deficit.
The amount of shortfall that occurs when expenditures exceed revenues. While individuals and private enterprises can have budget deficits, the most economically significant deficit is the federal...
The amount by which government spending exceeds government revenues.
The gap between government spending and revenue and thus the amount that needs to be borrowed. ... <a target=_blank href='http://www.finance-glossary.com/terms/budget-deficit.htm?id=1677&ginPtrCode=00000&PopupMode=false' title='Read full definition of budget deficit'>more</a>
[n] - an excess of expenditures over revenues
The amount on your budget by which your expenditure exceeds your income before allowing for offers of payment on non-priority debts.
noun an excess of expenditures over revenues
A budget deficit is a financial loss for during a period where expenses exceed revenues. This concept is often used in business but more commonly used to refer to governmental spending in excess of revenues collected.