1 (economics) the amount by which money spent or owed is greater than money earned in a particular period of time:
a budget / trade deficit * The trade balance has been in deficit for the past five years.
compareSURPLUS
2 the amount by which sth, especially an amount of money, is too small or smaller than sth else:
There's a deficit of $3 million in the total needed to complete the project. * The team has to come back from a 20 deficit in the first half.
Rate this entry
About this entry
This is a English–English dictionary entry.
Sourced from Main Dictionary in Lughet's collection.
This word also appears under other sources in Lughet's collection — see the list below.
This entry for deficit is sourced from Main Dictionary, one of the dictionaries and corpora merged into Lughet.
Is deficit a noun, verb, or something else?
In this entry, deficit is tagged as noun.
Does deficit appear elsewhere on Lughet?
Yes — deficit appears under other sources or language pairs in Lughet's collection. See the list below.
What is Lughet?
Lughet is a free trilingual dictionary covering nearly five million entries across Uyghur, Chinese, and English, drawn from more than ten source dictionaries and corpora.