Deficit | Mean of deficit in English Dictionary

/ˈdɛfəsət/

• Noun
• an amount (such as an amount of money) that is less than the amount that is needed
1. The government is facing a deficit of $3 billion.
2. We will reduce the federal budget deficit.
3. Some economists advocate deficit spending [=spending borrowed money] to boost a slumping economy.
• the amount by which a person or team is behind in a game or contest
1. The team overcame a four-point deficit to win the game.
• a problem that causes a decrease in some ability
1. She has a slight hearing deficit in her left ear.