The meaning of DEFICIT is deficiency in amount or quality. How to use deficit in a sentence.

Sep 27, 2025 · A deficit is a financial situation where expenses exceed revenues, imports exceed exports, or liabilities exceed assets, often leading to increased debt for governments, companies, or …

DEFICIT definition: 1. the total amount by which money spent is more than money received, or the state of having spent…. Learn more.

What is the national deficit? A deficit occurs when the federal government’s spending exceeds its revenues. The federal government has spent $ more than it has collected in fiscal year (FY) , …

See the latest numbers on the national deficit for this fiscal year and how it compares to previous years.

DEFICIT meaning: 1 : an amount (such as an amount of money) that is less than the amount that is needed; 2 : the amount by which a person or team is behind in a game or contest

In economics, deficit is the excess of an organization's expenditure over its revenue, such as in: Deficit spending, the amount by which spending exceeds revenue

Dec 8, 2023 · A deficit is a financial imbalance that happens when debt, expenses or liabilities are greater than revenue, income or assets. The term can also refer to a trade imbalance in which a …

A deficit is the amount by which something is less than what is required or expected, especially the amount by which the total money received is less than the total money spent.

Oct 20, 2025 · A budget deficit occurs when a government’s annual spending (also called “outlays”) exceeds its annual revenue (“receipts”). In other words, the government spends more money than it …