Deficit
volume
British pronunciation/dˈɛfɪsˌɪt/
American pronunciation/ˈdɛfəsət/

Definition & Meaning of "deficit"

Deficit
01

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

02

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

03

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

04

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

example
Example
examples
The deficit in qualified personnel posed a challenge for the healthcare system.
The company reported a deficit in sales for the fiscal year, leading to a decline in profits.
The organization's deficit in funding forced it to cut back on programs and services.
Prefrontal deficits may contribute to symptoms of attention deficit hyperactivity disorder.
Fiscally responsible policies prioritize government spending to avoid deficits.
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