Deficit - English meaning
Deficit – definitions in English dictionary
nounThe amount by which something, especially a sum of money, is too small.
Usage examples:
The fund will absorb the deficit in the rover pension scheme, which officially stands at £67.6m.
nounThe amount by which money spent is more than money received
Usage examples:
The theater has been operating at a deficit of over $150,000 a year.
nounThe total amount by which money spent by a business or government is more than the money it receives
Usage examples:
A deficit of £10 million/$1 billion, etc. the two companies between them have reported a deficit of…
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Word origin
late 18th century: via French from Latin deficit ‘it is lacking’, from the verb deficere (see defect1).
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