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.
The term deficit is generally prefixed by another term to refer to a specific
situation, a trade deficit or budget deficit, for example. A trade deficit exists when
deficit definition, meaning, what is deficit: the total amount by which money spent
is more than money received: . Learn more.
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 amount by which something, especially a sum of money,... Meaning,
pronunciation, example sentences, and more from Oxford Dictionaries.
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.
If you have a deficit of iron in your body, you should consider eating more
spinach. The word deficit comes from the Latin deficit meaning "it is wanting." A
Definition of federal budget deficit: The financial shortage of the federal
government's budget. It represents more money being spent than is coming in via
Definition of deficit: Excess of expenses over income or liabilities over assets.