deficit
pronunciation
How to pronounce deficit in British English:
UK [ˈdefɪsɪt]
How to pronounce deficit in American English:
US [ˈdefɪsɪt]
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- Noun:
- the property of being an amount by which something is less than expected or required
- an excess of liabilities over assets (usually over a certain period)
Word Origin
- deficit (n.)
- 1782, from French déficit (late 17c.), from Latin deficit "it is wanting," an introductory word in clauses of inventory, third person singular present indicative of deficere "to be deficient" (see deficient).
Example
- 1. The costs go beyond any democratic deficit .
- 2. Rongsheng covered the cash deficit by borrowing from state banks .
- 3. But brazil 's is already in deficit .
- 4. Malawi has transformed itself from being a food deficit nation to a grain exporter .
- 5. This means that deficit accounting does not take into account the cost of future promises until the money goes out the door .