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deficitthe amount by which something, especially a sum of money, is too small

Part of speech: NOUN

Definition: the amount by which something, especially a sum of money, is too small

Pronunciation (IPA): /ˈdefɪsɪt/

Example Sentences

  • My diet has a serious chocolate deficit - I need more cookies!
  • The company reported a deficit of $2 million this quarter.
  • There's a deficit of common sense in his decision-making.

deficit

NOUN

[/ˈdefɪsɪt/]

the amount by which something, especially a sum of money, is too small

The company faced a huge deficit after its expenses greatly exceeded its income.
💡 Concept

The company faced a huge deficit after its expenses greatly exceeded its income.

"The fee cut!" the manager ordered as the company reduced expenses to deal with a serious deficit.
🧠 Mnemonic

"The fee cut!" the manager ordered as the company reduced expenses to deal with a serious deficit.

The deficit grew as every credit disappeared before the company could profit.
🎵 Rhyme

The deficit grew as every credit disappeared before the company could profit.

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🎤Pronunciation

🇺🇸 US/ˈdefɪsɪt/
🇬🇧 UK/ˈdefɪsɪt/

🌳Etymology

Prefixde--
Rootfic
Suffix--it

Origin

From Latin 'deficere' meaning 'to fail' or 'to be lacking', combined with the suffix '-it' which forms nouns indicating a state or condition.

Breakdown

de- (away, lacking) + -fic- (do, make) + -it (noun suffix) = deficit

🎵Rhyme

crediteditreddit
credit
edit
reddit

🔗Collocations

budget deficit
trade deficit
reduce deficit
fiscal deficit
run a deficit
deficit spending

📝Examples

😄 Fun example

My diet has a serious chocolate deficit - I need more cookies!

The company reported a deficit of $2 million this quarter.

😄 Fun example

There's a deficit of common sense in his decision-making.

Korea aims to reduce its current account deficit through export promotion.

📚Related Words

Synonyms

shortfallshortagelackdeficiency

Antonyms

surplusexcessprofit

Related

debtlossbankruptcybudgetfinance

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