Deficit: nm (word coming from the Latin deficit “it lacks”, 3rd person sing. of deficere, of facere).
The word “deficit” has several meanings:
1. In a budget, what is missing to balance income and expenditure (debt, lack, loss).
A deficit of millions.
Budget deficit (overdraft, impasse).
Make up a deficit.
Finance the deficit by borrowing.
The chronic trade balance deficit.
Financial situation resulting from this lack.
The state is in...
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