deficit
de
ˈdɛ
de
fi
fi
cit
sɪt
sit
British pronunciation
/ˈdɛfɪsɪt/

Definition & Meaning of "deficit"in English

Deficit
01

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

example
Examples
The government faced a budget deficit due to increased spending and decreased revenue.
02

an amount by which what is needed or expected exceeds what is available

example
Examples
There was a deficit of volunteers for the charity event.
03

the amount by which a competitor or team is losing

example
Examples
The basketball team worked hard to overcome a 15-point deficit.
04

a weakness or loss in cognitive or neurological function

example
Examples
The patient showed a deficit in short-term memory.
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