Definify.com

Webster 1913 Edition


Deficit

Def′i-cit

,
Noun.
[Lit.,
it is wanting
, 3d person pres. indic. of L.
deficere
, cf. F.
déficit
. See
Defect
.]
Deficiency in amount or quality; a falling short; lack;
as, a
deficit
in taxes, revenue, etc.
Addison.

Webster 1828 Edition


Deficit

DEFICIT

,
Noun.
Want; deficiency; as a deficit in the taxes or revenue.

Definition 2024


deficit

deficit

See also: déficit and dèficit

English

Noun

deficit (plural deficits)

  1. Deficiency in amount or quality; a falling short; lack.
  2. A situation wherein, or amount whereby, spending exceeds government revenue.
    • 2013 September 28, Kenan Malik, "London Is Special, but Not That Special," New York Times (retrieved 28 September 2013):
      Economically, too, London is startlingly different. The capital, unlike the country as a whole, has no budget deficit: London’s public spending matches the taxes paid in the city. The average Londoner contributes 70 percent more to Britain’s national income than people in the rest of the country.
    • 1996 August 4, “It's Time for a Reality Check on the Deficit”, in Contra Costa Times, Contra Costa, CA:
      But Wall Street, which has a case of deficit-attention disorder, is no longer focused on a balanced budget. "The bond market only worries about one thing at [a time.]

Synonyms

Derived terms

Related terms

Translations

References

  • deficit in Webster’s Revised Unabridged Dictionary, G. & C. Merriam, 1913

Czech

Noun

deficit m

  1. deficit

Related terms


Italian

Noun

deficit m (invariable)

  1. deficit (financial, medical)

Latin

Verb

dēficit

  1. third-person singular present active indicative of deficiō

Serbo-Croatian

Noun

dȅficit m (Cyrillic spelling де̏фицит)

  1. deficit (financial)

Declension