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Search results for ‘deficit’

English Dictionary (1-1 of 1)

deficit
['dεfɪsɪt]
  • 1. the amount by which an actual sum is lower than that expected or required
  • 2. an excess of liabilities over assets
  • 3. an excess of expenditures over revenues during a certain period
  • 4. an excess of payments over receipts on the balance of payments
  • 5. C18: from Latin, literally: there is lacking, from d e ficere to be lacking

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Examples (1-1 of 1)

the order of magnitude of the deficit was as expected

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