Government Budgeting

4 words in this vocabulary list

noun a lack or shortage of something, especially a sum of money

adjective related to or characterized by a deficit

  • The country's budget deficit has been steadily increasing over the past few years.
  • We're in a bit of a deficit when it comes to snacks in the office kitchen.
  • I'm totally in a deficit when it comes to sleep this week.
  • His deficit in social skills makes it hard for him to make friends easily.

verb to use up or spend resources such as time, money, or energy

  • The company must carefully plan how to expend its budget for the upcoming fiscal year.
  • I'm not sure how to expend my energy today, maybe I'll just relax.
  • I don't want to expend any more effort on this project, it's too much work.
  • Sometimes we need to expend emotional energy to maintain relationships with loved ones.

noun a sum of money saved or made available for a particular purpose

verb to provide money for (a specific purpose)

  • The organization received a substantial grant from the government fund.
  • I'm trying to raise money for my trip, so I set up a fund online.
  • Let's pool our funds together to buy the concert tickets.
  • She invested time and effort into building up a fund of knowledge on the subject.

noun a sum of money saved or made available for a particular purpose

  • The organization is currently seeking additional funds to support their new project.
  • I need to check my funds before deciding to go on a shopping spree.
  • I'm low on funds this month, so I can't afford to eat out.
  • His emotional funds were depleted after dealing with the loss of his pet.