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

17 hours ago · The explosion of the budget deficit was one of the most worrisome things that happened post-Covid. While inflation peaked in 2022, the deficit kept getting worse because of …

1 day ago · The U.S. government posted a $145 billion budget deficit ‌for December, up 67% or $58 billion from a year earlier due to record outlays that were inflated by calendar shifts in …

Learn about the national deficit, the difference between budget deficit and debt, and how the deficit has changed over time.

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

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

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, …

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 …

Dec 5, 2025 · The Center on Budget and Policy Priorities explains: “For any given year, the federal budget deficit is the amount of money the federal government spends (also known as …

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.