Laxi Dictionary

English Dictionary

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Definition deficit in British English

deficit noun

[countable] noun
/ˈdefəsɪt/
1

the difference between the amount of money or goods that a country or business has and the amount that it has spent or that it owes

Example

the budget deficit

Example

a country with trade deficits of £90 billion

Synonyms and related words
inadequate insufficient scant
2

a lack of a quality, skill, or ability that you should have

Example

Critics of the European Union accuse it of suffering from a democratic deficit.

Synonyms and related words
absence lack loss
Definition deficit in British English