English Language Learners Definition of deficit. Kids Definition of deficit. Medical Definition of deficit. Get Word of the Day daily email! Test Your Vocabulary. Test your vocabulary with our question quiz! Love words? Need even more definitions? Homophones, Homographs, and Homonyms The same, but different. Merriam-Webster's Words of the Week - Nov. An amount that quantifies an unfavorable condition or position. Rallied from a three-game deficit to win the playoffs.
Deficiency in amount or quality; a falling short; lack. Origin of deficit. Deficit Sentence Examples. A budget deficit occurs when a government spends more in a given year than it collects in revenues, such as taxes.
That deficit, added to those from previous years, constitutes the country's national debt. In effect, more money is leaving the country than is coming in, which can cause a drop in the value of its currency as well as a reduction in jobs.
Along with trade and budget deficits, these are some other deficit-related terms you may encounter:. Deficits are not always unintentional or the sign of a government or business that's in financial trouble. Businesses may deliberately run budget deficits to maximize future earnings opportunities—such as retaining employees during slow months to ensure themselves of an adequate workforce in busier times.
Also, some governments run deficits to finance large public projects or maintain programs for their citizens. During a recession, a government may run a deficit intentionally by decreasing its sources of revenue, such as taxes, while maintaining or even increasing expenditures—on infrastructure, for example—to provide jobs and income.
But deficits also carry risks. For governments, the negative effects of running a deficit can include lower economic growth rates or the devaluation of the domestic currency.
In the corporate world, running a deficit for too long a period can reduce the company's share value or even put it out of business. The increase, the CBO explained, "is mostly the result of the economic disruption caused by the coronavirus pandemic and the enactment of legislation in response.
Congressional Budget Office. Federal Reserve. Your Privacy Rights. To change or withdraw your consent choices for Investopedia. At any time, you can update your settings through the "EU Privacy" link at the bottom of any page.
These choices will be signaled globally to our partners and will not affect browsing data. We and our partners process data to: Actively scan device characteristics for identification. I Accept Show Purposes. Description: Poverty trap can be broken by planned investments in the economy and providing people the means. Subsidy is a transfer of money from the government to an entity. It leads to a fall in the price of the subsidised product.
Description: The objective of subsidy is to bolster the welfare of the society. It is a part of non-plan expenditure of the government. Major subsidies in India are petroleum subsidy, fertiliser subsidy, food subsidy, interest subsidy, etc. Also See: Priority Sector. Choose your reason below and click on the Report button. This will alert our moderators to take action. Nifty 17, Honeywell 45, Market Watch. ET NOW. Brand Solutions. Video series featuring innovators. ET Financial Inclusion Summit.
Malaria Mukt Bharat.
0コメント