the gap between revenues and expenditures for a government (over a given period of time); often referred to as a public deficit or 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.
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 external deficit)
by Abu Yahya February 14, 2009
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by Friskykittytitty January 12, 2019
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the process by which a member of an oppressed group comes to accept and live out the inaccurate myths and stereotypes applied to the group.
the process by which a member of an oppressed group comes to accept and live out the inaccurate myths and stereotypes applied to the group.
by dijjn June 4, 2003
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"My God Charlie, what happened?-are you ok?"
"Ben gave me an Intergallactic Mushroom Slap. Because he's on parole the government is footing the cosmetic surgery bill, so hopefully I'll be able to laugh about it in years to come."
"Ben gave me an Intergallactic Mushroom Slap. Because he's on parole the government is footing the cosmetic surgery bill, so hopefully I'll be able to laugh about it in years to come."
by ImissPaulineFowler September 8, 2009
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The immoral wealth inequality is proof of pure hypocrisy by billionaires and CEOs, who never fail to point out that they’ll give away most of the wealth after their last heartbeat.
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Get the Interquest mug.Casting aside all preconceived prejudices for fellow human beings to come together as a race to ban against intergalactic species. In the absence of said species, all prejudices conveniently return to the human race.
Two people are arguing at a stop light about the others road rage. An intergalactic space craft lands in the middle of the road. Suddenly, the humans ban against the outside specie and put all differences aside. These people are said to be intergalactic rednecks, or suffer from intergalactic redneckism.
by Billy Bob 75 December 29, 2007
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