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

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) , …

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

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 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

Dec 16, 2025 · The deficit drives the amount of money the government must borrow in any single year, while the debt is the cumulative amount of money the government has borrowed throughout our …

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

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.

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 …

Deficit definition refers to the amount by which imports, liabilities, and expenses exceed exports, assets, and earnings. It is of various types — fiscal, primary, and trade.