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Structural deficit Uncommon

Definition, synonyms and related words

Definitions
Noun
1

That portion of the public sector deficit which exists even when the economy is at potential. Government spending beyond government revenues at times of normal, predictable economic activity, as opposed to a cyclical deficit.

See Also
government predictable potential revenues deficit cyclical deficit economy public sector
Related Terms
Rhyming Words
cit tacit recit amcit licit op cit placit pancit elicit loc cit solicit illicit deficit explicit duplicit implicit complicit in deficit unexplicit inexplicit
Compare
Structural deficit vs