n. a shortage, less than is due, or in the case of a business or ...

An excess of liabilities over assets, of losses over profits, or of expenditure over income.

The amount by which outlays exceed receipts in a given fiscal period. (A surplus would be the amount by which receipts exceed outlays.)

The amount by which outlays exceed receipts in a given fiscal period. (A surplus would be the amount by which receipts exceed outlays.)

1782, from French déficit (late 17c.), from Latin deficit "it is wanting," an introductory word in clauses of inventory, third person singular present indicative of deficere "to be defi [..]

In a budget, an excess of expenditures or liabilities over revenues or assets.

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&a [..]

1. In the balance of payments, or in any category of international transactions within it, the deficit is the sum of debits minus the sum of credits, thus the negative of the surplus. 2. In the govern [..]

Occurs when the value of a state's imports is more than the value of its exports.

This term is used in place of retained earnings when the balance in the retained earnings account is negative (a debit balance).

A lack or deficiency of an essential quality or element; for example, a neurologic deficit is a defect in the structure or function of the brain.

Definition The amount by which a government, company, or individual's spending exceeds its income over a particular period of time. also called deficit or deficit spending. also called budget def [..]

The amount by which a scheme's liabilities exceed its assets.

deficit (pop)

The amount of annual government spending in excess of that year's tax receipts, which is paid for by going into debt. Not to be confused with the debt, which is the sum total of all deficits. Pri [..]

Occurs when a government spends more money than it has.

The amount by which a required sum of money is short. A national deficit is established by borrowing against the issue of government securities, to allow governmental expenditures to exceed receipts. [..]

The amount by which budget expenditures exceed government revenues, or income, in a given fiscal year.

Financial shortage that occurs when LIABILITIES exceed ASSETS.

(n) - a shortage of water in a water budget

The excess of expenses over revenue during an accounting period. Deficits can be measured before or after depreciation and non-operating activities. See surplus.

  (1) The excess of liabilities and reserved equity of a fund over its assets. (2) The excess of expenditures over revenues during an accounting period; or, in the case of Enterprise and Internal Service Funds, the excess of expense over income during an accounting period.

Expenses in excess of income; an operating loss or a negative change in Net assets.

occurs when expenses exceed revenues, imports exceed exports, or liabilities exceed assets. A deficit is the opposite of a surplus.

Deficit in general terms refers to a shortage, or inbalance in an amount due.When used in reference to a business or governmental budget, it refers to the situation of having more expenditures than in [..]

(déficit). The amount by which government budgetary spending exceeds revenues in any given year.

(n) the property of being an amount by which something is less than expected or required(n) a deficiency or failure in neurological or mental functioning(n) (sports) the score by which a team or indiv [..]

A deficiency in amount or quality of functioning. [Click Here to Return to List]

This signifies "in the red", a financial shortfall. For instance, a government will experience a budget deficit when its expenditures exceed its revenues during the reference financi [..]

the amount by which a sum of money falls short of an expected amount

A negative amount of retained earnings caused by cumulative losses and dividend distributions exceeding cumulative net income.

The difference between spending over income.

A level of performance lower than expected for a student.

The amount each year by which government spending is greater than government income.

A deficiency or impairment in mental or physical functioning.

and Condition.

n. a shortage, less than is due, or in the case of a business or government budget, more expenditures than income.

A deficit exists in a pension plan when the actuarial valuation determines that the value of the plan’s assets is less than its liabilities (see also “Going Concern” and “Solvency”).

Financial shortage that occurs when liabilities exceed assets.

The term deficit is used frequently with reference to the public sector finances. It can refer to the state of the current budget (see “Current budget”), but it is also commonly used to refer to net b [..]

The amount each year by which government spending is greater than government income.

(1) The excess of the liabilities and reserves of a fund over its assets. (2) The excess of expenditures over revenues during an accounting period or, in the case of proprietary funds, the excess of e [..]

The insufficiency of revenues relative to outlays. Or the amount by which a sum of money falls short of the required amount. Related Topics Why Budget?

The result of the government taking in less money than it spends. dependency exemption

the spending of more dollars than the organization takes in.

An excess of liabilities over assets, of losses over profits, or of expenditure over income.