Definitions for Deficitˈdɛf ə sɪt; Brit. also dɪˈfɪs ɪt

This page provides all possible meanings and translations of the word Deficit

Random House Webster's College Dictionary

def•i•citˈdɛf ə sɪt; Brit. also dɪˈfɪs ɪt(n.)

  1. the amount by which a sum of money falls short of the required amount.

  2. a loss, as in the operation of a business.

  3. the amount by which liabilities exceed assets.

    Category: Common Vocabulary, Business

  4. a deficiency.

    Category: Common Vocabulary

  5. a disadvantage or handicap.

Origin of deficit:

1775–85; < L dēficit (it) lacks, 3rd pers. sing. pres. indic. of dēficere]

Princeton's WordNet

  1. deficit, shortage, shortfall(noun)

    the property of being an amount by which something is less than expected or required

    "new blood vessels bud out from the already dilated vascular bed to make up the nutritional deficit"

  2. deficit(noun)

    a deficiency or failure in neurological or mental functioning

    "the people concerned have a deficit in verbal memory"; "they have serious linguistic deficits"

  3. deficit(noun)

    (sports) the score by which a team or individual is losing

  4. deficit(noun)

    an excess of liabilities over assets (usually over a certain period)

    "last year there was a serious budgetary deficit"

Kernerman English Learner's Dictionary

  1. deficit(noun)ˈdɛf ə sɪt; Brit. also dɪˈfɪs ɪt

    when the amount of money spent is more than the amount earned

    the country's budget/trade deficit

Wiktionary

  1. deficit(Noun)

    Deficiency in amount or quality; a falling short; lack.

  2. deficit(Noun)

    A situation wherein, or amount whereby, spending exceeds government revenue.

  3. Origin: From déficit, from deficit.

Webster Dictionary

  1. Deficit(noun)

    deficiency in amount or quality; a falling short; lack; as, a deficit in taxes, revenue, etc

Freebase

  1. Government budget balance

    A government budget is a government document presenting the government's proposed revenues and spending for a financial year. The government budget balance, also alternatively referred to as general government balance, public budget balance, or public fiscal balance, is the overall difference between government revenues and spending. A positive balance is called a government budget surplus, and a negative balance is a government budget deficit. A budget is prepared for each level of government and takes into account public social security obligations. The government budget balance is further differentiated by closely related terms such as primary balance and structural balance of the general government. The primary budget balance equals the government budget balance before interest payments. The structural budget balances attempts to adjust for the impacts of the real GDP changes in the national economy.

British National Corpus

  1. Spoken Corpus Frequency

    Rank popularity for the word 'Deficit' in Spoken Corpus Frequency: #3976

  2. Nouns Frequency

    Rank popularity for the word 'Deficit' in Nouns Frequency: #1491


Translations for Deficit

Kernerman English Multilingual Dictionary

deficit(noun)

the amount by which an amount (of money etc) is less than the amount required

a deficit of several hundred dollars.

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