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The amount by which expenses exceed income or costs outstrip revenues. Deficit essentially refers to the difference between cash inflows and outflows. It is generally prefixed by another term to refer to a specific situation - trade deficit or budget... More »



In economics, a deficit is an excess of expenditures over revenue in a given time ... Balance of payments deficit, when the balance of payments is negative ...

Budget Deficit Definition | Investopedia


A status of financial health in which expenditures exceed revenue. The term " budget deficit" is most commonly used to refer to government spending rather than ...

Deficit Definition | Investopedia


DEFINITION of 'Deficit'. The amount by which a resource falls short of a mark, most often used to describe a difference between cash inflows and outflows. Deficit ...

Definition: A trade deficit occurs when the value of a country's imports is greater than the value of its exports . When the finished good is shipped back home, that's counted as an import -- even though it's made by a domestic company. Imports are also services that ... More »
By Kimberly Amadeo, About.com Guide

Deficit | Definition of deficit by Merriam-Webster


Define deficit: an amount (such as an amount of money) that is less than the amount that is needed—usage, synonyms, more.

Deficit | Define Deficit at Dictionary.com


Deficit definition, the amount by which a sum of money falls short of the required amount. See more.

government deficit Definition in the Cambridge English Dictionary


government deficit definition, meaning, what is government deficit: the amount by which a government's spending is more than the money it receives: .

US Federal Deficit Definition - plus charts and analysis


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.

Deficit - definition of deficit by The Free Dictionary


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  ...

Popular Q&A
Q: What is the definition of trade deficit?
A: The definition of trade deficit is the lowered amount of trade, according to the FDC. A dedicated agent will be happy to help you find more information on their... Read More »
Source: wiki.answers.com
Q: What is the definition of national deficit?
A: A deficit means that eventually we will have to take in more than we pay Read More »
Source: www.chacha.com
Q: What is the definition of buget deficit?
A: Budget deficit (n. means the budget deficit is when the government spends Read More »
Source: www.chacha.com
Q: What's the definition of trade deficit?
A: trade deficit: an excess of imports over exports Read More »
Source: www.kgbanswers.com
Q: Definition of Twin Deficits in Economics.
A: The term twin deficits in economics refers to a country's domestic budget and foreign trade financial situation. The term became popular in the 1980s and 1990s ... Read More »
Source: www.ehow.com