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

Denver is facing a $200 million budget deficit in 2026 and has laid off 169 city workers, cut city services and left hundreds of city jobs unfilled because of the budget squeeze. — Brian Maass, CBS News, 21 Aug. 2026

The national debt surpassed a record $40 trillion, a staggering milestone as defense costs, social programs like Social Security and Medicare and interest on the burgeoning deficit make up an enormous share of federal spending. — Chicago Tribune, 20 Aug. 2026

But the Huskies haven’t generated net revenue since the 2023 fiscal year and, according to the Seattle Times, are projected to have a $16 million cash flow deficit in fiscal 2027. — ABC News, 20 Aug. 2026

Perhaps the $40 trillion national deficit is starting to register. — Jim Cramer, CNBC, 20 Aug. 2026

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