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DEFICIT definition: 1. the total amount by which money spent is more than money received, or the state of having spent…. Learn more.
Sep 9, 2023 · A deficit is synonymous with a shortfall or loss and is the opposite of a surplus. A deficit can occur when a government, company, or person spends more than it receives in a given period,...
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 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. disadvantage. More examples. SMART Vocabulary: related words and phrases.
A deficit is the amount by which something is less than the amount that is needed.
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.
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.
DEFICIT definition: the amount by which the money that you spend is more than the money that you receive: . Learn more.
noun. /ˈdɛfəsət/. (economics) the amount by which money spent or owed is greater than money earned in a particular period of time a budget/trade deficit The trade balance has been in deficit for the past five years.
