The meaning of DEFICIT is deficiency in amount or quality. How to use deficit in a sentence.

DEFICIT definition: 1. the total amount by which money spent is more than money received, or the state of having spent…. Learn more.

DEFICIT definition: the amount by which a sum of money falls short of the required amount. See examples of deficit used in a sentence.

Dec 8, 2023 · A deficit is a financial imbalance that happens when debt, expenses or liabilities are greater than revenue, income or assets. The term can also refer to a trade imbalance in which a …

Sep 27, 2025 · A deficit is a financial situation where expenses exceed revenues, imports exceed exports, or liabilities exceed assets, often leading to increased debt for governments, companies, or …

Learn about the national deficit, the difference between budget deficit and debt, and how the deficit has changed over time.

A deficit is the amount by which something is less than what is required or expected, especially the amount by which the total money received is less than the total money spent.

Deficit definition refers to the amount by which imports, liabilities, and expenses exceed exports, assets, and earnings. It is of various types — fiscal, primary, and trade.

n. 1. a. Inadequacy or insufficiency: a deficit in grain production. b. A deficiency or impairment in mental or physical functioning. 2. a. The amount by which a sum of money falls short of the required or …

Dec 5, 2025 · The Center on Budget and Policy Priorities explains: “For any given year, the federal budget deficit is the amount of money the federal government spends (also known as outlays) minus …