Internal Deficit

What is Internal Deficit?


1.

the gap between revenues and expenditures for a government (over a given period of time); often referred to as a public deficitor fiscal deficit. In many cases, a country has administrative subdivisions that also run significant fiscal deficits, e.g., India or Argentina. The sum of state, local, and federal deficits would constitute the internal deficit of those countries.

On very rare occasions the term is applied to the deficit run by private enterprise as well as by government; in such a case, the definition is understood to mean the total debt of a country that is held by its own citizens.

Some of the largest internal deficits in the world are experienced by countries with large external surpluses. Japan in the mid-'00's was a classic example.

(See external deficit)

See public deficit, fiscal deficit, nipa


76

Random Words:

1. One who loves long hard penises A big penis came up to routtenberg, and he couldn't resist See Midget 2. A child who enjoys lic..
1. A young white male that pretends to be "down" with racial minorities when around them; but reverts to racism when alone or onl..
1. verb: using ones phallos as a means of attracting women aww joes cockbaiting kaitie again See jailbait, cock bait, manwhore..