Athletics & Recreation We donât just cheer for our 27 NCAA Division 1 teams, we Raise High the Buff and Blue! Colonials have won more than 95 team championships in 15 different sports â from basketball to tennis, gymnastics to golf.
Government debt is the debt owed by a government. By contrast, the annual government deficit refers to the difference between government receipts and spending in a single year. Government debt can be categorized as internal debt and external debt. Another common division of government debt is by duration until repayment is due. Short term debt is generally considered to be for one year or less, long term is for more than ten years. Medium term debt falls between these two boundaries. A broader
The financial shortage of the federal government's budget. It represents more money being spent than is coming in via taxes and other income. Use this term in a sentence. As the federal budget deficit grows, it becomes increasingly important that GDP growth keeps pace with it, so that an equilibrium can be reached.