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...
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 ...
A status of financial health in which expenditures exceed revenue. The term "
budget deficit" is most commonly used to refer to government spending rather
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.
: 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 »
Define deficit: an amount (such as an amount of money) that is less than the
amount that is needed—usage, synonyms, more.
Deficit definition, the amount by which a sum of money falls short of the required
amount. See more.
government deficit definition, meaning, what is government deficit: the amount by
which a government's spending is more than the money it receives: .
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.
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