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deficit
[def-uh-sit, dih-fis-it]
noun
the amount by which a sum of money falls short of the required amount.
the amount by which expenditures or liabilities exceed income or assets.
a lack or shortage; deficiency.
a disadvantage, impairment, or handicap.
The team's major deficit is its poor pitching.
a loss, as in the operation of a business.
deficit
/ ˈdɛfɪsɪt, dɪˈfɪsɪt /
noun
the amount by which an actual sum is lower than that expected or required
an excess of liabilities over assets
an excess of expenditures over revenues during a certain period
an excess of payments over receipts on the balance of payments
deficit
A shortage, especially the amount by which a sum of money falls short of what is required; a debt.
Other 51Թ Forms
- superdeficit noun
51Թ History and Origins
51Թ History and Origins
Origin of deficit1
Example Sentences
California Democrats are already facing a $12 billion deficit, and they have drawn political fire for scaling back some key health care policies, including full Medi-Cal coverage for immigrants without permanent legal status.
The Spending Review does not seem to address deficits racked up by councils supporting those children, but it does appear to have set aside around £700m to reform the system.
The truth is that California runs a revenue deficit with the rest of the United States in part because it’s the biggest, richest state with the biggest, most successful economy.
Especially with L.A. still recovering from devastating wildfires and a nearly $1 billion deficit, the threat of taxpayers absorbing any costs for the Games looms large.
But it is unclear how much money, if any, the state — which is facing a $12-billion budget deficit in the year ahead — will contribute.
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