deficit

noun
UK: /ˈdefɪsɪt/
US: /ˈdefɪsɪt/

  1. The amount by which something, especially money, is too small or not enough.

    1. We have a budget deficit this year because we spent too much.
    2. The company's annual deficit reached a concerning level, requiring immediate action.

  2. A lack or shortage of something important.

    1. He has a deficit of confidence and it's holding him back.
    2. The nation is facing a skills deficit in the technology sector, hindering innovation.

Synonyms

shortfall lack shortage dearth
deficit verb

  1. To have less of something than is needed or expected.

    1. The account was deficiting due to several large withdrawals.
    2. The company is deficiting in skilled labor, impacting its overall productivity.

Frequently Asked Questions

The word "deficit" in English means: The amount by which something, especially money, is too small or not enough., A lack or shortage of something important..

The phonetic transcription of "deficit" is /ˈdefɪsɪt/ in British English and /ˈdefɪsɪt/ in American English. Click the 🔊 button to hear both pronunciations.

Synonyms for "deficit": shortfall, lack, shortage, dearth.

Example usage of "deficit": "We have a budget deficit this year because we spent too much.". More examples on the page.