The meaning of DEFICIT is deficiency in amount or quality. How to use deficit in a sentence.

The opposite of a budget deficit is a budget surplus; in this case, tax revenues exceed government purchases and transfer payments. For the public sector to be in deficit implies that the private sector …

Learn about the national deficit, the difference between budget deficit and debt, and how the deficit has changed over time.

DEFICIT definition: the amount by which a sum of money falls short of the required amount. See examples of deficit used in a sentence.

DEFICIT definition: 1. the total amount by which money spent is more than money received, or the state of having spent…. Learn more.

Sep 27, 2025 · A deficit is a financial situation where expenses exceed revenues, imports exceed exports, or liabilities exceed assets, often leading to increased debt for governments, companies, or …

Dec 8, 2023 · A deficit is a financial imbalance that happens when debt, expenses or liabilities are greater than revenue, income or assets. The term can also refer to a trade imbalance in which a …

A deficit is the amount by which something is less than what is required or expected, especially the amount by which the total money received is less than the total money spent.

Dec 16, 2025 · The deficit drives the amount of money the government must borrow in any single year, while the debt is the cumulative amount of money the government has borrowed throughout our …

n. 1. 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 money falls short of the required or …