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deficit

def·i·cit / ˈdefəsit/ • n. the amount by which something, esp. a sum of money, is too small. ∎  an excess of expenditure or liabilities over income or assets in a given period: an annual operating deficit. ∎  (in sports) the amount or score by which a team or individual is losing: came back from a 3–0 deficit. ∎  technical a deficiency or failing, esp. in a neurological or psychological function.

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Deficit

DEFICIT

A deficiency, misappropriation, or defalcation; a minus balance; something wanting.

Deficit is commonly used to mean any kind of shortage, as in an account, a number, or a balance due. Deficit spending or financing involves taking in less money than the amount that is paid out.

cross-references

Federal Budget.

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deficit

deficit XVIII. — F. déficit — L. dēficit there is wanting, 3rd pers. sing. pres. ind. of dēficere (see DEFECT); formerly placed against an item in an account.

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deficit

deficit •caret • Sanskrit • Prakrit •ferret, inherit, merit •egret • secret •dispirit, skirret, spirit •floret • pomfret • bowsprit •barbiturate •turret, worrit •culprit • floweret • Margaret •cellaret (US cellarette) •banneret, lanneret •hypocrite • preterite (US preterit) •Everett, leveret •favourite (US favorite) •interpret, misinterpret •basset, facet, tacet, tacit •Narragansett, transit •lancet •cresset, Knesset •exit • resit •complicit, elicit, explicit, illicit, implicit, licit, solicit •Tilsit • plebiscite • babysit • deficit •cosset, posset •Quonset • whatsit •corset, Dorset, faucet •gusset, russet •dulcet •tercet, verset •ashet • planchet • bullshit • Bastet •tomtit • bluetit

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