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Haushaltsdefizit

budget deficit

noun HOWS-halts-de-fi-tsit Rare
People & Society Money

Usage Note

Haushaltsdefizit refers to a shortfall when government expenditure exceeds revenue in a budget period. The German Schuldenbremse (debt brake) constitutionally limits permissible deficits. Opposite: Haushaltsüberschuss.

Examples

"Die Regierung versuchte, das Haushaltsdefizit durch Sparmaßnahmen zu senken."

Natural Translation

The government tried to reduce the budget deficit through austerity measures.

Literal Translation

The government tried, the budget-deficit through austerity-measures to reduce.

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