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Meaning of “deficit” in the English Dictionary

"deficit" in British English

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deficitnoun [C]

uk   /ˈdef.ɪ.sɪt/  us   /ˈdef.ə.sɪt/
C1 the total amount by which money spent is more than money received: The country is running a balance-of-payments/budget/trade deficit of $250 million. The UK's deficit in manufactured goods fell slightly in the last three months.

expend iconexpend iconMore examples

(Definition of deficit from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"deficit" in American English

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deficitnoun [C]

 us   /ˈdef·ə·sət/
the amount by which money spent is more than money received: The theater has been operating at a deficit of over $150,000 a year.
(Definition of deficit from the Cambridge Academic Content Dictionary © Cambridge University Press)

"deficit" in Business English

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deficitnoun [C]

uk   us   /ˈdefɪsɪt/
ECONOMICS, FINANCE the total amount by which money spent by a business or government is more than the money it receives: a deficit of £10 million/$1 billion, etc. The two companies between them have reported a deficit of nearly $14bn.have/run/show a deficit About a third of the nation's non-profit arts presenters run a large deficit each year, according to Charity Navigator. reduce/cut a deficit federal/government/public deficit The US balance of payments deficit was running at over 4% of gross domestic product.
the amount by which something, especially an amount of money, is smaller than it should be: a pension/pension fund deficita deficit in sth The company reported that an estimated $31.5 million deficit in this year's operating budget would end up at about $20 million as a result of savings. There is a deficit of trust between the customer and the banks, which yesterday's headline figure will do little to dispel.
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in deficit
used to describe a situation when a business or country has spent more money than it has received, or an amount of money is smaller than it should be: At the time, the Federal Budget was expected to remain in deficit until at least Fiscal 2011. At their last valuation, almost all council pension funds were in deficit.
(Definition of deficit from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “deficit”
in Vietnamese số tiền thiếu hụt…
in Spanish déficit…
in Malaysian kekurangan…
in Thai การขาดทุน…
in French déficit…
in German das Defizit…
in Chinese (Traditional) 赤字, 逆差, 虧損…
in Russian дефицит…
in Turkish bütçe açığı…
in Chinese (Simplified) 赤字, 逆差, 亏损…
in Indonesian defisit…
in Polish deficyt…
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“deficit” in Business English

A blazing row: words and phrases for arguing and arguments
A blazing row: words and phrases for arguing and arguments
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May 04, 2016
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