Deficit spending is the amount by which spending exceeds revenue over a particular period of time, also called simply deficit, or budget deficit; the opposite of budget surplus. The term may be applied to the budget of a government, private company, or individual. Government deficit spending is a central point of controversy in economics, as discu...
An excess of liabilities over assets, of losses over profits, or of expenditure over income.
[n] - spending money raised by borrowing
compensatory spending noun spending money raised by borrowing; used by governments to stimulate their economy
the practice of spending funds in excess of income, esp. by a government.