Overspend vs Deficit - What's the difference?
overspend | deficit |
To spend too much money; especially, to spend more than one earns.
Deficiency in amount or quality; a falling short; lack.
A situation wherein, or amount whereby, spending exceeds government revenue.
* 2013 September 28, , "
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As nouns the difference between overspend and deficit
is that overspend is the amount by which someone or something is overspent while deficit is deficit.As a verb overspend
is to spend too much money; especially, to spend more than one earns.overspend
English
Verb
- To get out of debt, first keep a budget and be careful not to overspend .
deficit
English
Noun
(en noun)London Is Special, but Not That Special," New York Times (retrieved 28 September 2013):
- Economically, too, London is startlingly different. The capital, unlike the country as a whole, has no budget deficit : London’s public spending matches the taxes paid in the city. The average Londoner contributes 70 percent more to Britain’s national income than people in the rest of the country.