Budget Deficit

Business / Debt / Budget Deficit: A deficit is the gap between spending and revenue and thus the amount that may need to be borrowed.
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Other Words for Deficit

Deficit Adjective Synonyms: loss, deficiency, shortfall, shortage, default

Omnibus Budget Reconciliation Act (OBRA) Of 1990

Health / Health Insurance / Omnibus Budget Reconciliation Act (OBRA) Of 1990: A federal act which established the Medicare SELECT program, a Medicare supplement that uses a preferred provider organization to supplement Medicare Part B coverage. MORE

Flexible Budget

Business / Finance / Flexible Budget: A change in the yield curve when the spread between the yield on long-term and short-term Treasuries has decreased. Compare steepening of the yield curve and butterfly shift. MORE

Federal Deficit (Surplus)

Business / Finance / Federal Deficit (Surplus): Agencies of the federal government set up to supply credit to various classes of institutions and individuals, e.g., S&Ls, small business firms, students, farmers, and exporters. MORE

Deficit Spending

Business / Finance / Deficit Spending: An excess of liabilities over assets, of losses over profits, or of expenditure over income. MORE

Omnibus Budget Reconciliation Act of 1993 (OBRA 93)

Technology / Cell Phones / Omnibus Budget Reconciliation Act of 1993 (OBRA 93): The first legislation authorizing the FCC to auction spectrum. MORE

Operating Budget

Business / Human Resources (HR) / Operating Budget: A detailed projection of all projected income and expenses during a specified future period. MORE