deficit
🇺🇸
/ˈdefɪsɪt/
🇬🇧
/ˈdefɪsɪt/
noun
C1
When you spend more money than you have or earn.
The country has a large budget deficit because it spends more than it collects in taxes.
C1
When something is less than what is needed or expected.
There is a deficit of qualified teachers in many schools.
translation
When you spend more money than you have or earn.; When something is less than what is needed or expected.
Word Forms
Plural
deficits