Capital-deficit Area

Definition: A region where the total amount of local savings is not adequate to finance economic development already in progress in that area.

Pronunciation: \ˈka-pə-təl, ˈkap-təl\ \ˈde-fə-sət\

Used in a Sentence:  Due to the poor economy, the region was considered a capital-deficit area.

Back to blog

Most Popular Courses