deficit: [noun] deficiency in amount or quality. a lack or impairment in an ability or functional capacity. disadvantage.

Define deficit. deficit synonyms, deficit pronunciation, deficit translation, English dictionary definition of deficit. 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...

Deficit definition, the amount by which a sum of money falls short of the required amount. See more.

Synonyms for DEFICIT: crunch, dearth, deficiency, drought, failure, famine, inadequacy, inadequateness; Antonyms for DEFICIT: abundance, adequacy, amplitude, opulence ...

Nov 29, 2020 · In financial terms, a deficit occurs when expenses exceed revenues, imports exceed exports, or liabilities exceed assets. A deficit is synonymous with a shortfall or loss and is the opposite of a ...

deficit: 1 n the property of being an amount by which something is less than expected or required “new blood vessels bud out from the already dilated vascular bed to make up the nutritional deficit ” Synonyms: shortage , shortfall Types: oxygen deficit temporary oxygen shortage in cells resulting from strenuous exercise Type of: deficiency , ...

deficit definition: 1. the total amount by which money spent is more than money received: 2. the total amount by which…. Learn more.

Deficit spending’s definition explains it as spending more than what is available as income. The term is typically associated with government spending but can also be applied to other entities. During economic downturns, Keynesian economics calls for higher levels of government expenditure to revive the economy, whereas fiscal conservatism ...

Fiscal deficit is defined as the excess of total expenditures over the total receipts, excluding the borrowings in a year. In other words, this can be defined as the amount that the government needs to borrow in order to meet all expenses. The more the fiscal deficit, the more will be the amount borrowed. Fiscal deficit helps in understanding ...

What is the deficit and how does that compare to the national debt? The image illustrates the federal government’s deficit in 2021 using dots, and each dot is equal to $1 billion. Revenue $4.05T Spending $6.82T $−2.77T Deficit Federal Debt $28.43T Prior year debt balance*. 2772 dots x $1 billion = $2.77 trillion.