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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.
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 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.
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.
noun. 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.
6 days ago · The term deficit refers to a situation where costs exceed income, or liabilities exceed assets. Debt can be not just the accumulation of amounts borrowed but also, years of...
A deficit might be the result of an event such as a recession which gets paid off the next time an economy experiences a boom (and a budget surplus as a result of that boom). However, running many deficits leads to debt, and debts must be repaid.
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.
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.
(formal) 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. Extra Examples. Oxford Collocations Dictionary. Word Origin.
