Definitions for Deficitˈdɛf ə sɪt; Brit. also dɪˈfɪs ɪt
This page provides all possible meanings and translations of the word Deficit
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"
a deficiency or failure in neurological or mental functioning
"the people concerned have a deficit in verbal memory"; "they have serious linguistic deficits"
(sports) the score by which a team or individual is losing
an excess of liabilities over assets (usually over a certain period)
"last year there was a serious budgetary deficit"
Deficiency in amount or quality; a falling short; lack.
A situation wherein, or amount whereby, spending exceeds government revenue.
Origin: From déficit, from deficit.
deficiency in amount or quality; a falling short; lack; as, a deficit in taxes, revenue, etc
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
Spoken Corpus Frequency
Rank popularity for the word 'Deficit' in Spoken Corpus Frequency: #3976
Rank popularity for the word 'Deficit' in Nouns Frequency: #1491
Translations for Deficit
From our Multilingual Translation Dictionary
Get even more translations for Deficit »
Find a translation for the Deficit definition in other languages:
Select another language: