deficit

noun

def·​i·​cit ˈde-fə-sət 

British also di-ˈfi-sət

or ˈdē-fə-sət

1

a(1)

: deficiency in amount or quality

a deficit in rainfall

(2)

: a lack or impairment in an ability or functional capacity

cognitive deficits

a hearing deficit

b

: disadvantage

scored two runs to overcome a 2–1 deficit

2

a

: an excess of expenditure over revenue

facing a deficit of $3 billion

raise taxes to help reduce the budget deficit

b

: a loss (see loss sense 4b) in business operations

the year's operating deficit

Synonyms of deficit

• shortage
• lack
• deficiency

Examples of deficit in a Sentence

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.

Recent Examples on the Web

Investors in recent months have looked past concerns about tariffs, while the revenue collected has helped assuage bond investors’ nerves about enormous US deficits. —John Towfighi, CNN Money, 6 Nov. 2025

The district must now submit a plan to reduce expenses and eliminate the deficit by a December deadline. —Grace Tucker, Cincinnati Enquirer, 5 Nov. 2025

The ripple effect could lift the entire state’s economy and help close our budget deficit. —Zoltan Istvan, MSNBC Newsweek, 5 Nov. 2025

The panic meter was high in Los Angeles after the Dodgers fell into a 3-2 World Series deficit at home, but that wasn't the case in LA's clubhouse. —Ryan Morik, FOXNews.com, 5 Nov. 2025

Word History

Etymology

borrowed from French déficit, going back to Middle French, "item lacking in an inventory," borrowed from Latin dēficit "it is lacking," 3rd person singular present indicative of dēficere "to be lacking, run short, fail" — more at deficient

First Known Use

1782, in the meaning defined at sense 1a(1)

Phrases Containing deficit

• attention deficit disorder
• attention deficit hyperactivity disorder
• deficit spending
• trade deficit

Kids Definition

deficit

noun

def·​i·​cit ˈdef-ə-sət 

: a deficiency in amount

especially : an excess of expenses over income

Medical Definition

deficit

noun

de·​fi·​cit

ˈdef-(ə-)sət; British also di-ˈfis-ət, ˈdē-fə-sət

: a deficiency of a substance

a potassium deficit

also : a lack or impairment of a functional capacity

cognitive deficits