deficit Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “deficit” in the English Dictionary

"deficit" in British English

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deficitnoun [C]

uk   us   /ˈdef.ɪ.sɪt/
C1 the ​totalamount by which ​moneyspent is more than ​moneyreceived: The ​country is ​running a balance-of-payments/​budget/​trade deficit of $250 million. The UK's deficit inmanufacturedgoodsfellslightly 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 ​moneyspent is more than ​moneyreceived: 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 ​totalamount by which ​moneyspent 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 ​grossdomesticproduct.
the ​amount by which something, especially an ​amount of ​money, is ​smaller than it should be: a ​pension/​pensionfund deficita deficit in sth The ​companyreported that an ​estimated $31.5 million deficit in this year's ​operatingbudget 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 ​headlinefigure 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 ​councilpensionfunds were in deficit.
(Definition of deficit from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “deficit”
in Spanish déficit…
in Vietnamese số tiền thiếu hụt…
in Malaysian kekurangan…
in Thai การขาดทุน…
in French déficit…
in German das Defizit…
in Chinese (Simplified) 赤字, 逆差, 亏损…
in Turkish bütçe açığı…
in Russian дефицит…
in Indonesian defisit…
in Chinese (Traditional) 赤字, 逆差, 虧損…
in Polish deficyt…
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“deficit” in Business English

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