trade deficit


Definition of trade deficit


  1. :  a situation in which a country buys more from other countries than it sells to other countries :  the amount of money by which a country's imports are greater than its exports

Word by Word Definitions

  1. :  a path traversed :  way

    :  a track or trail left by a person or animal :  tread

    :  a customary course of action :  practice

  1. :  to have dealings :  negotiate

    :  to engage in the exchange, purchase, or sale of goods

    :  to make one's purchases :  shop

  1. :  of, relating to, or used in trade

    :  intended for or limited to persons in a business or industry

    :  serving others in the same business rather than the ultimate user or consumer

  1. :  deficiency in amount or quality

    :  a lack or impairment in an ability or functional capacity

    :  disadvantage

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