Definition of Deficit
a lack in quality or quantity
Examples of Deficit in a sentence
Because the company is experiencing a financial deficit, it will not distribute holiday bonuses this year.
The government wants to raise taxes to decrease the budget deficit.
Since the Smiths spend more money than they earn, their bank account has a huge deficit.
School funding should not be reduced in order to lower the countryโs financial deficit.
When the mall opened our small clothing store was forced to close because of a deficit of shoppers.
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