Simple Definition of deficit
: an amount (such as an amount of money) that is less than the amount that is needed
: the amount by which a person or team is behind in a game or contest
: a problem that causes a decrease in some ability
Full Definition of deficit
Examples of deficit
The government is facing a deficit of $3 billion.
We will reduce the federal budget deficit.
The team overcame a four-point deficit to win the game.
She has a slight hearing deficit in her left ear.
Origin of deficit
French déficit, from Latin deficit it is wanting, 3d singular present indicative of deficere
First Known Use: 1782
DEFICIT Defined for Kids
Definition of deficit
: a shortage especially in money
Medical Definition of deficit
: a deficiency of a substance <a potassium deficit>; also : a lack or impairment of a functional capacity <cognitive deficits>
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