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Excess budget expenditure over income. It may occur due to an increase in government spending, a reduction in budget revenues due to emergency situations, the inefficiency of the state system and the tax system, and/or corruption.
The budget deficit is considered to be a negative phenomenon as it leads to inflation and a decrease in the value of the national currency.
The index of NASDAQ Stock Market – the exchange specializing in trading stocks of high-tech companies. Several indices are calculated on the exchange but the NASDAQ Index is generally understood as the NASDAQ Composite, which includes the stock price dynamics of more than 3000 issuers.
A derivative (future, option, CFD), whose underlying asset is the difference in interest rates.
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