deficit
The country faced a budget deficit this year.
The government spent more money than it collected in taxes.
A shortfall or insufficiency, especially in financial or economic contexts.
The company reported a deficit of $5 million last quarter.
The company's expenses exceeded its revenue by $5 million.
Commonly used in financial and economic discussions.
A lack or shortage of something, such as a nutrient or skill.
Many children suffer from a vitamin D deficit.
Many children do not get enough vitamin D.
Used in various contexts beyond finance.
In medicine, a deficit refers to a loss or impairment of a bodily function.
The patient showed a motor deficit after the stroke.
The patient had difficulty moving certain muscles after the stroke.
Used in medical and neurological contexts.
Collocations
Related Phrases
Pro Tip
Financial Context
In finance, 'deficit' often refers to a budget deficit, where spending exceeds revenue.
Medical Context
In medicine, a 'deficit' refers to a loss or impairment of a bodily function.
Gold Rule
Avoid Confusion
Do not confuse 'deficit' with 'debt', which refers to money borrowed and not yet repaid.
Word Origin
From Latin 'deficit', third-person singular present indicative of 'deficere' (to lack, fail).
Usage Notes
In finance, 'deficit' often refers to a budget deficit, where expenses exceed revenue. In medicine, it refers to a loss of function.