English Reference

Word

deficit

US/ˈdɛfəsət/

UK/dˈɛfɪsˌɪt/

Definitions

01financial shortfall

B2 · Upper Intermediate Countable noun Academic

n. the amount of money by which a government's or company's spending is higher than its income.

n. the amount by which a sum of money falls short of the required amount; specifically, the excess of liabilities over assets or expenditures over income.

“The government is trying to reduce the national deficit by cutting spending.”

“Economists warned that a persistent trade deficit could weaken the national currency and lead to higher interest rates in the long term.”

Usage

Often used with 'budget', 'trade', or 'national'.

Antonyms

02a lack or deficiency

C1 · Advanced Countable noun Medicine Technical · Academic

n. a lack of a particular quality, skill, or ability.

n. a deficiency in amount, quality, or degree; frequently used in medical or psychological contexts to describe impaired function.

“The child was diagnosed with an attention deficit that made it hard to focus in class.”

“The patient showed a significant cognitive deficit following the injury, particularly in tasks requiring short-term memory and spatial reasoning.”

Usage

Commonly appears in the phrase 'attention deficit' or 'oxygen deficit'.

Antonyms

Collocations

Common phrases and expressions where native English speakers use the word “deficit” in context.

Verb

01. bridge the deficit

“The university is looking for private donors to help bridge the budget deficit.”

verb + noun

02. plug a deficit

“The council had to sell off assets to plug a deficit in their pension fund.”

verb + noun

03. run a deficit

“The government has been running a massive deficit for the third consecutive year.”

verb + noun

Adjective

04. ballooning deficit

“Economists are worried about the ballooning deficit and its impact on inflation.”

adj + noun

05. chronic deficit

“The country's chronic deficit in skilled labor is hindering economic growth.”

adj + noun

Noun

06. attention deficit

“Teachers are being trained to support students who struggle with attention deficit.”

noun + noun

07. trade deficit

“The trade deficit narrowed slightly last month as exports reached record highs.”

noun + noun

Preposition

08. in deficit

“The company's accounts were in deficit by nearly two million dollars at year-end.”

prep + noun

Real-World Examples

“Many people in Spain are unable to access affordable rent, or even get on the property ladder due to skyrocketing prices and housing deficits in major cities across the country.”
The Local 29 Jul 2026
“Image caption, Long-term borrowing costs hit multi-decade highs on Tuesday, according to the Financial Times as it reports fears over inflation and fiscal deficits is pushing pressure on government debt around the globe.”
BBC News 18 Aug 2026
“Parents who view their autistic children through a deficit lens may be more likely to pursue ineffective and dangerous pseudoscientific treatments.”
JSTOR Daily 18 Aug 2026
“Even swaddled in the coziest of down jackets, deep-sea megalodon would be in a constant calorie deficit.”
Smithsonian Magazine 3 Aug 2018

Etymology

From French déficit, from Latin dēficit.

Etymology adapted from Wiktionary, available under CC BY-SA 4.0.

Related words

Domain

Government

This entry

Exam level
CambridgeCambridgeCambridge English QualificationsThe exam suite from Cambridge University Press & Assessment, from A1 Movers up to C2 Proficiency. The benchmark names double as CEFR labels.C1 AdvancedIELTSIELTSInternational English Language Testing SystemThe 0–9 band test co-owned by the British Council, IDP, and Cambridge. Used for university entry, work, and migration.7.0–8.0TOEFL iBTTOEFL iBTTest of English as a Foreign Language, Internet-Based TestETS's academic English test, the standard route for US university admissions. Scored 0–120, with a 1–6 scale since 2026.1–6 scale: 5.0–5.595–113TOEICTOEICTest of English for International CommunicationETS's workplace English test, big in Japan and Korea. Listening & Reading scores 10–990 and tops out at C1.945–990
Frequency
Common
Level
C1 · AdvancedOxford
Updated

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