trade deficit
Definition of trade deficit
finance
: 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
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Word by Word Definitions
: the business of buying and selling or bartering commodities : commerce
: business, market
: dealings between persons or groups
: to give one thing in exchange for another
: to engage in the exchange, purchase, or sale of goods
: to make one's purchases : shop
: 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
: deficiency in amount or quality
: a lack or impairment in an ability or functional capacity
: disadvantage
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