Sep 27, 2025 · A deficit is a financial situation where expenses exceed revenues, imports exceed exports, or liabilities exceed assets, often leading to increased debt for governments, companies, or …

The meaning of DEFICIT is deficiency in amount or quality. How to use deficit in a sentence.

WASHINGTON (AP) — The U.S. budget deficit in July climbed 20% this fiscal year compared to the last despite the U.S. taking in record income from President Donald Trump’s tariffs, according to …

Learn about the national deficit, the difference between budget deficit and debt, and how the deficit has changed over time.

DEFICIT definition: 1. the total amount by which money spent is more than money received, or the state of having spent…. Learn more.

See the latest numbers on the national deficit for this fiscal year and how it compares to previous years.

DEFICIT meaning: 1 : an amount (such as an amount of money) that is less than the amount that is needed; 2 : the amount by which a person or team is behind in a game or contest

3 days ago · The monthly trade deficit continued to shrink in October after President Trump imposed sweeping tariffs on imports, the latest data showed.

In economics, deficit is the excess of an organization's expenditure over its revenue, such as in: Deficit spending, the amount by which spending exceeds revenue

Dec 24, 2025 · The capital, unlike the country as a whole, has no budget deficit: London’s public spending matches the taxes paid in the city. The average Londoner contributes 70 percent more to …