deficit

def·i·cit

noun

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.

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

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"deficit." YourDictionary, n.d. Web. 11 December 2018. <https://www.yourdictionary.com/Deficit>.

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deficit. (n.d.). Retrieved December 11th, 2018, from https://www.yourdictionary.com/Deficit

deficit

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

Origin of deficit

L, there is lacking, 3d person; personal (grammar) singular , present tense indicative , of deficere (see deficiency): from use as first word in inventory clauses

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"deficit." YourDictionary, n.d. Web. 11 December 2018. <https://www.yourdictionary.com/Deficit>.

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deficit. (n.d.). Retrieved December 11th, 2018, from https://www.yourdictionary.com/Deficit

deficit

noun

a. Inadequacy or insufficiency: a deficit in grain production.
b. A deficiency or impairment in mental or physical functioning.
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.
An amount that quantifies an unfavorable condition or position: rallied from a three-game deficit to win the playoffs.

Origin of deficit

French déficit from Latin dēficit it is lacking third person sing. present tense of dēficere to fail, be lacking ; see defect .

THE AMERICAN HERITAGE® DICTIONARY OF THE ENGLISH LANGUAGE, FIFTH EDITION by the Editors of the American Heritage Dictionaries. Copyright © 2016, 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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MLA Style

"deficit." YourDictionary, n.d. Web. 11 December 2018. <https://www.yourdictionary.com/Deficit>.

APA Style

deficit. (n.d.). Retrieved December 11th, 2018, from https://www.yourdictionary.com/Deficit

Noun

(plural deficits)

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

Related terms

Origin

From French déficit, from Latin dēficit.

See also: déficit

English Wiktionary. Available under CC-BY-SA license.

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MLA Style

"deficit." YourDictionary, n.d. Web. 11 December 2018. <https://www.yourdictionary.com/Deficit>.

APA Style

deficit. (n.d.). Retrieved December 11th, 2018, from https://www.yourdictionary.com/Deficit

deficit - Investment & Finance Definition

A budget in which expenses are greater than income. Money must be borrowed to make up the shortfall or assets must be sold.
A situation in which liabilities exceed assets.