noun🔗ShareDeficiency in amount or quality; a falling short; lack."The student had a significant deficit in her math skills, leading to low grades. "amountgapeconomyfinancebusinessessentialChat with AIVocabulary GamePractice Reading
noun🔗ShareA situation wherein, or amount whereby, spending exceeds government revenue."The government had a large deficit last year because spending on infrastructure projects exceeded tax revenue. "governmenteconomyfinancepoliticsessentialChat with AIVocabulary GamePractice Reading