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1492 terms

Glossary

Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.

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Fiscal deficit

Market basics

Government borrowing as a share of GDP.

In plain terms

A wider deficit means more government borrowing, which pushes up bond yields and competes with private borrowers for the same money. It reaches share prices through the cost of capital.

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Indian stock market glossary · Market Vidyalaya