Etymology

From French dficit, from Latin deficit.

Noun

deficit (plural deficits)

1. Deficiency in amount or quality; a falling short; lack.
2. A situation wherein, or amount whereby, spending exceeds government revenue.

Synonyms

• fiscal deficit

Derived terms

• fiscal deficit
• trade deficit

Related terms

• defect
• defection
• defective
• defector
• deficiency
• deficient

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