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deficit - 9 dictionary results

def⋅i⋅cit

[def-uh-sit; Brit. also di-fis-it]
–noun
1. the amount by which a sum of money falls short of the required amount.
2. the amount by which expenditures or liabilities exceed income or assets.
3. a lack or shortage; deficiency.
4. a disadvantage, impairment, or handicap: The team's major deficit is its poor pitching.
5. a loss, as in the operation of a business.

Origin:
1775–85; < L dēficit (it) lacks, 3rd pers. sing. pres. indic. of dēficere; see deficient
def·i·cit   (děf'ĭ-sĭt)   
n.  
    1. Inadequacy or insufficiency: a deficit in grain production.
    2. A deficiency or impairment in mental or physical functioning.
    3. An unfavorable condition or position; a disadvantage: rallied from a three-game deficit to win the playoffs.
    4. The amount by which a sum of money falls short of the required or expected amount; a shortage: large budget deficits.
    5. A business loss.
    1. The amount by which a sum of money falls short of the required or expected amount; a shortage: large budget deficits.
    2. A business loss.

[French déficit, from Latin dēficit, it is lacking, third person sing. present tense of dēficere, to fail, be lacking; see defect.]

Deficit

Def"i*cit\, n. [Lit., it is wanting, 3d person pres. indic. of L. deficere, cf. F. d['e]ficit. See Defect.] Deficiency in amount or quality; a falling short; lack; as, a deficit in taxes, revenue, etc. --Addison.
Language Translation for : deficit
Spanish: déficit,
German: das Defizit,
Japanese: 赤字

deficit

A shortage, especially the amount by which a sum of money falls short of what is required; a debt.


deficit 
1782, from Fr. deficit (1690), from L. deficit "it is wanting," an introductory word in clauses of inventory, third pers. sing. pres. indicative of deficere "to be deficient" (see deficient).

Deficit

A situation in which liabilities exceed assets, expenditures exceed income, imports exceed exports, or losses exceed profits.

Investopedia Commentary

A deficit is the opposite of a surplus. If a country imports more than it exports, it is said to have a trade deficit. Many scholars feel that a trade deficit can not be sustained in perpetuity.

Related Links

Understanding The Capital And Financial Accounts In The Balance Of Payments
What Is The Balance Of Payments?
Current Account Deficits

See also: Asset, Income, Liability, Perpetuity, Profit, Surplus


deficit

  1. A negative retained earnings balance. A deficit results when the accumulated losses and dividend payments of a business exceed its earnings.
  2. See operating loss.


Main Entry: de·fi·cit
Pronunciation: 'def-(&-)s&t; Brit also di-'fis-&t, 'dE-f&-s&t
Function: noun
: a deficiency ofa substance deficit>; also : a lack or impairment of a functional capacity deficits> deficit>

deficit def·i·cit (děf'ĭ-sĭt)
n.

  1. A lack or deficiency of a substance.
  2. A lack or impairment in mental or physical functioning.

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