deficit

(redirected from Fiscal Deficit)
Also found in: Thesaurus, Medical, Legal, Financial.

def·i·cit

 (dĕf′ĭ-sĭt)
n.
1.
a. Inadequacy or insufficiency: a deficit in grain production.
b. A deficiency or impairment in mental or physical functioning.
2.
a. The amount by which a sum of money falls short of the required or expected amount; a shortage: large budget deficits.
b. A business loss.
3. An amount that quantifies an unfavorable condition or position: rallied from a three-game deficit to win the playoffs.

[French déficit, from Latin dēficit, it is lacking, third person sing. present tense of dēficere, to fail, be lacking; see defect.]

deficit

(ˈdɛfɪsɪt; dɪˈfɪsɪt)
n
1. (Accounting & Book-keeping) the amount by which an actual sum is lower than that expected or required
2. (Accounting & Book-keeping)
a. an excess of liabilities over assets
b. an excess of expenditures over revenues during a certain period
c. an excess of payments over receipts on the balance of payments
[C18: from Latin, literally: there is lacking, from dēficere to be lacking]

def•i•cit

(ˈdɛf ə sɪt; Brit. also dɪˈfɪs ɪt)

n.
1. the amount by which a sum of money falls short of the required amount.
2. a loss, as in the operation of a business.
3. the amount by which liabilities exceed assets.
4. a deficiency.
5. a disadvantage or handicap.
[1775–85; < Latin dēficit (it) lacks, 3rd pers. singular present indic. of dēficere]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.deficit - the property of being an amount by which something is less than expected or required; "new blood vessels bud out from the already dilated vascular bed to make up the nutritional deficit"
inadequacy, deficiency, insufficiency - lack of an adequate quantity or number; "the inadequacy of unemployment benefits"
oxygen deficit - temporary oxygen shortage in cells resulting from strenuous exercise
2.deficit - a deficiency or failure in neurological or mental functioning; "the people concerned have a deficit in verbal memory"; "they have serious linguistic deficits"
deficiency, lack, want - the state of needing something that is absent or unavailable; "there is a serious lack of insight into the problem"; "water is the critical deficiency in desert regions"; "for want of a nail the shoe was lost"
3.deficit - (sports) the score by which a team or individual is losing
athletics, sport - an active diversion requiring physical exertion and competition
score - a number that expresses the accomplishment of a team or an individual in a game or contest; "the score was 7 to 0"
lead - (sports) the score by which a team or individual is winning
4.deficit - an excess of liabilities over assets (usually over a certain period); "last year there was a serious budgetary deficit"
liabilities - anything that is owed to someone else
budget deficit - an excess of expenditures over revenues
trade deficit - an excess of imports over exports

deficit

noun shortfall, shortage, deficiency, loss, default, arrears They're ready to cut the budget deficit for the next fiscal year.

deficit

noun
Translations
عَجْزعَجْز مالي
deficitschodek
underskudminus
vaje
gubitak
deficit
vöntun; halli
欠損
부족
deficitas
deficīts, iztrūkums
schodok
underskott
ปริมาณที่ขาด
sự thâm hụt

deficit

[ˈdefɪsɪt]
A. N (esp Fin) → déficit m
the balance of payments is in deficitla balanza de pagos es deficitaria
B. CPD deficit financing Nfinanciación f mediante déficit
deficit spending Ngasto m deficitario

deficit

[ˈdɛfəsɪt] ndéficit m
to be in deficit [account] → être en déficit

deficit

nDefizit nt

deficit

[ˈdɛfɪsɪt] n (Fin) → deficit m inv, disavanzo
to be in deficit → essere in deficit

deficit

(ˈdefisit) noun
the amount by which an amount (of money etc) is less than the amount required. a deficit of several hundred dollars.

deficit

عَجْز deficit underskud Defizit έλλειμα déficit vaje déficit gubitak deficit 欠損 부족 tekort underskudd deficyt défice, déficit дефицит underskott ปริมาณที่ขาด açık sự thâm hụt 逆差

def·i·cit

n. déficit, deuda; falta; deficiencia.

deficit

n déficit m, deficiencia, falta
References in periodicals archive ?
Mukherjee said overall spending would increase by 36 percent this year, but also called for a return to fiscal responsibility targets "at the earliest." His budget document said the fiscal deficit target would be closer to 3 percent of GDP in the year that ends in March 2012,assuming a global economic recovery.
The UAE may post a fiscal deficit this year following a slump in oil prices, Standard Chartered Bank has said.
A Note on Fiscal Deficit Sustainability in Chile: 1833-1999
and paid only $16 billion in taxes, creating a net fiscal deficit of almost $10.4 billion, or $2,700 per illegal household." CIS also estimated that if an amnesty were enacted in 2002, "the net fiscal deficit [at the federal level] would grow to nearly $29 billion per year." This anticipated increase would occur even though the legalized persons would pay increased taxes because they would also heavily use services--likely increasing the net annual fiscal deficit "from $2,736 to $7,668 per household."
One of the biggest heirlooms that Panama's former President Mireya Moscoso, the widow of three-time President Arnulfo Arias Madrid, left was a sizeable fiscal deficit. When she stepped down in 2004, the deficit had ballooned to 5.2% of gross domestic product (GDP).
Domestic fiscal consolidation--involving public spending cuts, tax hikes, and restructuring of public corporations--to pare the fiscal deficit along with premature monetary tightening are others.
Allowing for real shifts to country productivity and public expenditure, the authors find that the fiscal deficit can be a poor indicator of fiscal externalities: countries with different labor and consumption tax rates can exert exactly the same external effect but have very different fiscal deficit behavior.
In last several years the significant portion of onus of containment of fiscal deficit has been shifted towards the provincial governments.
He pointed out that the growth rate, fiscal deficit and inflation are these key areas and PTI has not just failed at sustaining previous numbers but has caused record degradation in all three.
Economy - Fiscal Accounts: Major slippages on revenue side pushed fiscal deficit to 8.9% of the GDP
ISLAMABAD -- The first year of the Pakistan Tehreek-i-Insaf (PTI) government concluded with a record 8.9 per cent fiscal deficit - perhaps the highest in the country's history - as revenues plummeted while expenditures remained at the same level they were at the previous year, when expressed as a percentage of GDP.
Philippines likely to miss 2019 fiscal deficit target but on track to meet 2020 goal HSBC !-- -- Ian Nicolas Cigaral (Philstar.com) - July 19, 2019 - 4:58pm MANILA, Philippines The Philippine government will likely miss its budget deficit target this year after the delayed approval of the national budget crimped state spending in the first quarter, a global bank said Friday.