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 country’s financial deficit.  🔊

When the mall opened our small clothing store was forced to close because of a deficit of shoppers.  🔊

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