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Mojtaba vahdati Posted 10 years ago
Vocabulary

verb+deficit

What's the difference between
1)absorbing a deficit
2)addressing a deficit
3)overcoming a deficit
and
4)funding a deficit
  

Top answer

I'm not an accountant, but here very briefly is how I understand these terms. 1) rearranging one's financial affairs so that the deficit no longer exists 2) deciding how to deal with a deficit 3) taking steps to pay off and eliminate a deficit 4) allocating money to pay the interest charges on a deficit

  • I'm not an accountant, but here very briefly is how I understand these terms.
  • 1) rearranging one's financial affairs so that the deficit no longer exists 2) deciding how to deal with a deficit 3) taking steps to pay off and eliminate a deficit 4) allocating money to pay the interest charges on a deficit
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1 Answers
0
I'm not an accountant, but here very briefly is how I understand these terms.

1) rearranging one's financial affairs so that the deficit no longer exists

2) deciding how to deal with a deficit

3) taking steps to pay off and eliminate a deficit

4) allocating money to pay the interest charges on a deficit

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