Another Word For Deficit
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Meaning
The word "deficit" refers to a situation where there is a shortfall or a lack of something, especially in terms of financial resources or quantities. It often indicates that expenses or losses exceed income or gains. For example, if a government spends more money than it collects in taxes, it is said to have a budget deficit.
Synonyms
- Shortfall
- Insufficiency
- Deficiency
- Lack
- Loss
Antonyms
- Surplus
- Profit
- Abundance
- Excess
- Advantage
Etymology
The term "deficit" comes from the Latin word "deficere," which means "to fail" or "to be lacking." It combines the prefix "de-" (meaning "down" or "away from") with "ficere" (meaning "to make" or "to do").
Examples
- The school's budget had a significant deficit, prompting officials to make cuts to various programs.
- Her monthly expenses exceeded her income, resulting in a personal deficit that she struggled to manage.
- The country is facing a trade deficit, importing more goods than it exports.
- To address the budget deficit, the government proposed a series of tax increases.
- The nonprofit organization reported a deficit in donations compared to the previous year.