Also spelled deffersit, deffersits, and deffisit
noun
Freq #18195
Meanings
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1
noun
The amount by which spending is greater than the money coming in.
The government is trying to reduce the budget deficit.
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2
noun
The amount by which something falls short of what is needed or expected.
There was a serious deficit in rainfall this year.
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3
noun
In sports, the number of points by which a team or player is behind.
The team fought back from a ten-point deficit to win.
Thesaurus
Etymology
From French déficit, from Latin dēficit. Related to defect.
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