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Deficit

English Meaning

Deficiency in amount or quality; a falling short; lack; as, a deficit in taxes, revenue, etc.

  1. Inadequacy or insufficiency: a deficit in grain production.
  2. A deficiency or impairment in mental or physical functioning.
  3. An unfavorable condition or position; a disadvantage: rallied from a three-game deficit to win the playoffs.
  4. The amount by which a sum of money falls short of the required or expected amount; a shortage: large budget deficits.
  5. A business loss.

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