What does "deficit" mean?
Deficiency in amount or quality; a falling short; lack.
noun ·Moderate ·High school level
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"The crop output this year has been comparatively small, owing to the deficit in rainfall."
"Dr. Beeching's obvious intent is that if Scottish—and similarly unprofitable English and Welsh—railways are to be maintained, it must be done by an unconcealed subsidy; he is determined that the railways shall no longer be preoccupied with—and derided for—immense deficits which include the burden of social services the State must openly underwrite, if it wants them."
"A huge federal budget deficit has been plaguing the American economy for many years."
Deficiency in amount or quality; a falling short; lack.
Common synonyms include: shortfall, shortage, absence, arrear, arrearage, arrears.
A huge federal budget deficit has been plaguing the American economy for many years.
Pronounced /ˈdɛfɪsɪt/.
From French déficit, from Latin dēficit.