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Deficits Meaning in English

word · lemma: deficit

ˈdɛfɪsɪts
DEF-ih-sits
dˈɛfɪsˌɪts
DEF-ih-sits

Definition

Deficits are amounts by which something, especially money, is too little or less than what is needed. It usually refers to situations where expenses are greater than income or resources are lacking.

Usage & Nuances

Commonly used in economics, government budgets, and business. Plural form 'deficits' emphasizes multiple instances or different types (e.g., trade or budget deficits). Don't confuse with 'debt' (money owed); a deficit refers to ongoing shortfall, not accumulated total.

Example Sentences

The company reported large deficits last year.

basic

Governments often struggle with budget deficits.

basic

Trade deficits can affect a country’s economy.

basic

Due to rising costs, they’ve been running bigger deficits every quarter.

natural

The school is cutting programs to reduce its deficits.

natural

They’re worried about long-term deficits hurting future growth.

natural