Meaning Of The Word Deficit
What's the definition of Deficit? Find Deficit meanings, definitions and more at the Real Dictionary online.
Deficit Meaning
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What's The Definition Of Deficit?
deficit
A deficit is the amount by which something is less than what is required or expected, especially the amount by which the total money received is less than the total money spent. deficit in Accounting 1 noun: A deficit is a situation in which liabilities are greater than assets. deficit in Accounting 2 noun: A deficit is a situation in which expenses are greater than revenues during a particular accounting period. deficit in American English the amount by which a sum of money is less than the required amount; specif., an excess of liabilities over assets, of losses over profits, or of expenditure over income noun: the amount by which a sum of money falls short of the required amount deficit in British English noun: the amount by which an actual sum is lower than that expected or required |
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