deficit

The definition of a deficit occurs when there isn't a sufficient amount of money to cover all of the expenses and debts, or when you are not as good at something as you should be.

(noun)

  1. An example of a deficit is when you owe $100 and only have $90.
  2. An example of a deficit is when a child in 9th grade reads at a 4th grade level.

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See deficit in Webster's New World College Dictionary

noun

the amount by which a sum of money is less than the required amount; specif., an excess of liabilities over assets, of losses over profits, or of expenditure over income

Origin: L, there is lacking, 3d pers. sing., pres. indic., of deficere (see deficiency): from use as first word in inventory clauses

See deficit in American Heritage Dictionary 4

noun
  1. a. Inadequacy or insufficiency: a deficit in grain production.
    b. A deficiency or impairment in mental or physical functioning.
    c. An unfavorable condition or position; a disadvantage: rallied from a three-game deficit to win the playoffs.
  2. a. The amount by which a sum of money falls short of the required or expected amount; a shortage: large budget deficits.
    b. A business loss.

Origin:

Origin: French déficit

Origin: , from Latin dēficit, it is lacking

Origin: , third person sing. present tense of dēficere, to fail, be lacking; see defect

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