Meaning
- Deficiency in amount or quality; a falling short; lack.
- A situation wherein, or amount whereby, spending exceeds (e.g. government) revenue.
Synonyms
budget deficit
financial loss
passive balance
unfavorable balance
to the bad
amount outstanding
adverse balance
adverse balance of trade
make a loss
negative profit
Frequency
Hyphenated as
de‧fi‧cit
Pronounced as (IPA)
/ˈdɛfɪsɪt/
Etymology
From French déficit, from Latin dēficit.
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Notes