deficit
The money amount by which someone, usually a government or company, spends more than it gets in a period of time.
An amount of money by which the spending of a government, organization, or account is greater than its income over a particular period.
The amount that is missing because there is not enough of something that is needed or expected.
An amount by which something is less than what is needed, expected, or considered normal.
A clear problem or weakness in the way the mind or body works, compared to what is normal.
A measurable lack or impairment in a mental or physical ability when compared with what is considered normal or typical.
- Base: deficit
- Plural: deficits
attention deficit
1reduced ability to focus attention
A problem where a person cannot stay focused on tasks as well as most people.
- Children with attention deficit may have trouble following instructions.
- The study examined how attention deficit affects academic performance.
- Medication is sometimes used to treat attention deficit in severe cases.
attention deficit hyperactivity disorder
1ADHD medical condition
A medical condition, often in children, where a person has strong problems with paying attention, sitting still, and controlling actions.
- Her son was diagnosed with attention deficit hyperactivity disorder at the age of eight.
- Teachers received training on how to support students with attention deficit hyperactivity disorder.
- Attention deficit hyperactivity disorder is often treated with a mix of medication and therapy.
budget deficit
1when government spends more than it gets
The money amount by which a government spends more than it receives in taxes and other income in a given time.
- The finance minister promised to halve the budget deficit within three years.
- Economists warned that the growing budget deficit could lead to higher interest rates.
- To reduce the budget deficit, the government cut spending on several major programs.
current account deficit
1shortfall on a country’s external account
The money amount by which a country pays more to other countries than it receives from them for trade and other flows in a period.
- A large current account deficit can put pressure on a country’s currency.
- The report highlighted a narrowing current account deficit over the past year.
- Foreign investment helped to finance the current account deficit.
deficit spending
1government spending more than income
When a government spends more money than it gets and borrows to pay for the extra spending.
- The government defended deficit spending as necessary to boost the economy.
- Critics argue that long-term deficit spending will increase the national debt.
- During recessions, many countries turn to deficit spending to support jobs.
democratic deficit
1lack of sufficient democracy or representation
A problem in a political system where people do not have as much real power or voice as they should in a democracy.
- Critics argue that the organization suffers from a serious democratic deficit.
- Reforms were proposed to address the democratic deficit within the union’s institutions.
- Low voter turnout is often seen as a sign of a democratic deficit.
fiscal deficit
1overall government financial shortfall
The total amount by which a government’s spending is higher than its income in a financial year.
- The country aims to keep the fiscal deficit below three percent of GDP.
- A high fiscal deficit can undermine investor confidence.
- International lenders demanded a plan to cut the fiscal deficit.
run a deficit
1have spending exceed income
To spend more money than you receive during a period, especially as a government or organization.
- The city has been running a deficit for the past five years.
- If we continue to run a deficit, we will eventually have to raise taxes.
- The charity cannot afford to run a deficit on this project.
sleep deficit
1not getting enough sleep over time
The missing hours of sleep when someone regularly sleeps less than they need.
- Many workers build up a large sleep deficit during the week.
- A chronic sleep deficit can harm your health and mood.
- He used the weekend to recover from his sleep deficit.
trade deficit
1when imports are greater than exports
The money amount by which a country buys more from other countries than it sells to them in a certain time.
- The country's trade deficit with its largest partner reached a record high last year.
- A shrinking trade deficit can be a sign of a stronger export sector.
- New tariffs were introduced in an effort to reduce the trade deficit.