Deficit

/dˈɛfɪsˌɪt/

/ˈdɛfəsət/

Deficit

the difference between the needed amount that is higher than the amount that is available, especially money

synonyms : shortage

an excess of liabilities over assets (usually over a certain period)

(sports) the score by which a team or individual is losing

antonyms : lead

(technical) a lack or impairment in neurological or psychological function

Examples

1. The government's budget was in the red, and they needed to implement measures to reduce the deficit.

2. Deficits do matter.

3. Deficits are the difference between federal spending and revenue.

4. -This bill does not reduce deficits.