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

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

DEFICIT definition: the amount by which a sum of money falls short of the required amount. See examples of deficit used 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.

Dec 8, 2023 · What Is a Deficit? 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...

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 …

The U.S. national debt has hit a record $39 trillion. The deficit hit the milestone Wednesday just weeks into the U.S.-Israeli war in Iran.

See the latest numbers on the national deficit for this fiscal year and how it compares to previous years.

Mar 1, 2026 · Annual federal budget surplus or deficit from 1940 to present. See how government overspending has driven the growth of the national debt. The federal deficit measures the annual gap …

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 …