alijäämästä
Alijäämä, a Finnish term, translates to deficit or shortfall in English. It is commonly used in economic and financial contexts to describe a situation where expenses or expenditures exceed revenues or income over a specific period. This concept applies to various levels, including government budgets, company financial statements, and household finances.
In public finance, a budget deficit occurs when a government spends more money than it collects in
On a personal level, an alijäämä in household finances means that an individual or family is spending