Weba (1) : deficiency in amount or quality. a deficit in rainfall. (2) : a lack or impairment in an ability or functional capacity. cognitive deficits. a hearing deficit. b. : disadvantage. WebTo cover yourself for any deficit in the event of a total loss you can purchase Guaranteed Asset Protection, also known as GAP. 2 0 Other financial problems also plagued the nation at this time, including a budget deficit and an economic downturn. 2 0 Advertisement
Deficit Definition & Meaning Britannica Dictionary
WebFeb 8, 2024 · : a situation in which a country buys more from other countries than it sells to other countries : the amount of money by which a country's imports are greater than its exports Example Sentences WebAug 18, 2024 · A budget deficit occurs when a government spends more than it receives, primarily from taxes. This can occur at various levels of government, though some non … clay county clerk of court documents
Definition Of The Word
WebOct 13, 2024 · "a falling short or failure in amount," especially financially, 1782, from French déficit (late 17c.), from Latin deficit "it is wanting," an introductory word in clauses of inventory, third person singular present … WebA budget deficit occurs when money going out ( spending) exceeds money coming in ( revenue) during a defined period. In FY 2024, the federal government spent $ 6.27 trillion and collected $ 4.90 trillion in revenue, … WebMeaning of government deficit in English government deficit noun [ C, usually singular ] GOVERNMENT, ECONOMICS uk us the amount by which a government's spending is … clay county clerk of courts mn