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- DictionaryDef·i·cit/ˈdefəsət/
noun
- 1. the amount by which something, especially a sum of money, is too small.
The meaning of DEFICIT is deficiency in amount or quality. How to use deficit in a sentence.
the amount by which a team or player is behind in a game or competition: They overcame a two-goal deficit to draw even in the second half. It was the first time in baseball history a team had overcome a three-games-to-none deficit in the World Series. Synonym.
Sep 9, 2023 · A deficit occurs when expenses exceed revenues, imports exceed exports, or liabilities exceed assets. Federal budget deficits add to the national debt.
the amount by which a team or player is behind in a game or competition: They overcame a two-goal deficit to tie the score in the second half. It was the first time in baseball history a team had overcome a three-games-to-none deficit in the World Series. Synonym.
the amount by which a sum of money falls short of the required amount. the amount by which expenditures or liabilities exceed income or assets. a lack or shortage; deficiency. a disadvantage, impairment, or handicap: The team's major deficit is its poor pitching. a loss, as in the operation of a business. deficit.
DEFICIT meaning: 1 : an amount (such as an amount of money) that is less than the amount that is needed; 2 : the amount by which a person or team is behind in a game or contest.
deficit. noun. /ˈdefɪsɪt/. /ˈdefɪsɪt/. (economics) the amount by which money spent or owed is greater than money earned in a particular period of time. a budget/trade deficit. in deficit The trade balance has been in deficit for the past five years. see also trade deficit. Collocations International relations.
A deficit is the amount by which something is less than what is required or expected, especially the amount by which the total money received is less than the total money spent.
the amount by which something, especially an amount of money, is too small or smaller than something else There's a deficit of $3 million in the total needed to complete the project. The team has to come back from a 2–0 deficit in the first half.
Mar 4, 2021 · A budget deficit is when spending exceeds income. To reduce it, you must increase income or lower spending, whether you're a family or a government.
