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What is a budget deficit?

The merger of companies at the same stage of production in the same or different industries. When the products of both companies are similar, it is a merger of competitors. When all producers of a good or service in a market merge, it is the creation of a monopoly. If only a few competitors remain, it is termed an oligopoly. Also called lateral integration. See also vertical integration.

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Question added by Vinod Jetley , Assistant General Manager , State Bank of India
Date Posted: 2016/01/11
Ammad Zia
by Ammad Zia , Office Manager , ENHANCED ENGINEERING & MULTI-TECHNOLOGIES CO.

Budget deficit is a status when expenditures exceeds revenue.

  • This term is usually being used in government institutions particularly in Ministry of Finance.
  • In corporate, limited or private business entity, if expenses exceeds revenue then it is called "Loss" in business.

khaled elkholy
by khaled elkholy , HR MANAGER , misk for import & export

i agree with experts answers 

Md Fazlur Rahman
by Md Fazlur Rahman , Procurement Specialist , Engineering and Planning Consultants Ltd

The  amount  by which a company or individual's spending exceeds it income over a particular period of time is called budget deficit. The budget deficit is normally financed through borrowing from the financial market.