The meaning of DEFICIT is deficiency in amount or quality. How to use deficit in a sentence.

DEFICIT definition: 1. the total amount by which money spent is more than money received, or the state of having spent…. Learn more.

DEFICIT meaning: 1 : an amount (such as an amount of money) that is less than the amount that is needed; 2 : the amount by which a person or team is behind in a game or contest

1 day ago · The U.S. budget deficit will grow slightly in fiscal 2026 to $1.853 trillion, the Congressional Budget Office forecast on Wednesday, showing that on balance, President Donald Trump's economic ...

Every month, the U.S. Treasury releases data on the federal budget, including the current deficit or surplus. The following reflects budget data for January, the fourth month of fiscal year (FY) 2026.

Dec 8, 2023 · A deficit is a financial imbalance that happens when debt, expenses or liabilities are greater than revenue, income or assets. The term can also refer to a trade imbalance in which a …

2 days ago · Learn about the national deficit, the difference between budget deficit and debt, and how the deficit has changed over time.

Sep 27, 2025 · A deficit is a financial situation where expenses exceed revenues, imports exceed exports, or liabilities exceed assets, often leading to increased debt for governments, companies, or …

n. 1. a. Inadequacy or insufficiency: a deficit in grain production. b. A deficiency or impairment in mental or physical functioning. 2. a. The amount by which a sum of money falls short of the required or …

Deficit definition refers to the amount by which imports, liabilities, and expenses exceed exports, assets, and earnings. It is of various types — fiscal, primary, and trade.