Meaning of the word deficit in English

What does deficit mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

deficit

US /ˈdef.ə.sɪt/
UK /ˈdef.ə.sɪt/
"deficit" picture

Noun

1.

the amount by which something, especially a sum of money, is too small or less than what is required or expected

Example:
The company reported a budget deficit of $5 million.
Many countries are struggling with a trade deficit.
2.

a disadvantage or impairment

Example:
He has a slight hearing deficit.
The child showed a cognitive deficit in certain areas.
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