A deficit is the amount by which a sum falls short of some reference amount. In
economics, a deficit is an excess of expenditures over revenue in a given time ...
Deficit definition, the amount by which a sum of money falls short of the required
amount. See more.
A status of financial health in which expenditures exceed revenue. The term "
budget deficit" is most commonly used to refer to government spending rather
government deficit definition, meaning, what is government deficit: the amount by
which a government's spending is more than the money it receives: .
Definition: A deficit is the negative balance in retained earnings that is caused by
cumulative losses exceeding the amount of equity. A deficit can be the result of ...
Definition of Federal Deficit: The amount by which a government's expenditures
exceed its tax revenues. The difference is made up for by borrowing from...
a. Inadequacy or insufficiency: a deficit in grain production. b. A deficiency or
impairment in mental or physical functioning. 2. a. The amount by which a sum of
The federal deficit is the amount each year by which federal outlays in the federal
budget exceed federal receipts. But that is not the whole story.
August 5, 2004 — When you hear people talking about the national debt or the
deficit, do you ever wonder what the difference is between those two terms?
The definition of a deficit occurs when there isn't a sufficient amount of money to
cover all of the expenses and debts, or when you are not as good at something ...