Primary Deficit

In commerce, a primary deficit is the deficit which is derived after deducting the interest payments component from the total deficit of any budget.

In other words, the total of primary deficit and interest payments makes up the total or fiscal deficit. The opposite of a primary deficit is a primary surplus.

Famous quotes containing the word primary:

    “The primary imperative for women who intend to assume a meaningful and decisive role in today’s social change is to begin to perceive themselves as having an identity and personal integrity that has as strong a claim for being preserved intact as that of any other individual or group.”
    —Margaret Adams (b. 1916)