deficit Meaning in the Cambridge English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of “deficit” in the English Dictionary

"deficit" in British English

See all translations

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

"deficit" in American English

See all translations

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

See all translations

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.
Compare
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…
What is the pronunciation of deficit?
Add Cambridge dictionaries to your browser to your website
Word of the Day

golden

made of gold

Word of the Day

Introducing a new author and a new weekly blog post!
Introducing a new author and a new weekly blog post!
by Cambridge Dictionaries Online,
August 27, 2015
The English language is constantly changing. You know that. But did you know that at Cambridge Dictionaries Online we keep track of the changes? We continually add new words and new meanings to our online dictionary for learners of English. Some of them are new to English entirely (neologisms), and some

Read More 

hyperpalatable adjective
hyperpalatable adjective
August 24, 2015
describes food with heightened levels of sugar and salt, intended to be extremely appealing In Brazil, where the prevalence of overweight and obese adults has doubled since 1980, crisps, biscuits, energy bars and sugary drinks formulated to be ‘hyper-palatable’ are much more widely eaten than previously.

Read More