deficit
Pronunciation Noun
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Pronunciation Noun
deficit (plural deficits)
- Deficiency in amount or quality; a falling short; lack.
- A situation wherein, or amount whereby, spending exceeds government revenue.
- 2013 September 28, Kenan Malik, "London Is Special, but Not That Special ↗," New York Times (retrieved 28 September 2013):
- Economically, too, London is startlingly different. The capital, unlike the country as a whole, has no budget deficit: London’s public spending matches the taxes paid in the city. The average Londoner contributes 70 percent more to Britain’s national income than people in the rest of the country.
- 2013 September 28, Kenan Malik, "London Is Special, but Not That Special ↗," New York Times (retrieved 28 September 2013):
- fiscal deficit, shortfall
- French: déficit budgétaire, déficit (note: déficit in French also has a broader meaning)
- German: Defizit
- Portuguese: déficit
- Russian: дефици́т
- Spanish: déficit
This text is extracted from the Wiktionary and it is available under the CC BY-SA 3.0 license | Terms and conditions | Privacy policy 0.003