Deficits: meaning, definitions and examples
๐ธ
deficits
[ หdefษชsษชts ]
economic situation
Deficits refer to the amount by which a sum of money falls short of the required amount. In the context of economics, deficits usually refer to budget deficits, where a government's spending exceeds its revenue. Deficits can lead to increased borrowing and debt accumulation.
Synonyms
Examples of usage
- The country's budget deficits have been steadily increasing over the past few years.
- The government is working on measures to reduce the deficits and stabilize the economy.
deficiency or lack
Deficits can also refer to deficiencies or lacks, such as a deficit in knowledge or skills. It indicates a shortage or inadequacy in a particular area.
Synonyms
insufficiency, scarcity, shortage
Examples of usage
- There is a deficit of qualified workers in the labor market.
- The deficit in funding for education has resulted in poor quality facilities.
Translations
Translations of the word "deficits" in other languages:
๐ต๐น dรฉficits
๐ฎ๐ณ เคเคพเคเฅ
๐ฉ๐ช Defizite
๐ฎ๐ฉ defisit
๐บ๐ฆ ะดะตัััะธัะธ
๐ต๐ฑ deficyty
๐ฏ๐ต ่ตคๅญ
๐ซ๐ท dรฉficits
๐ช๐ธ dรฉficits
๐น๐ท aรงฤฑklar
๐ฐ๐ท ์ ์
๐ธ๐ฆ ุนุฌุฒ
๐จ๐ฟ deficity
๐ธ๐ฐ deficity
๐จ๐ณ ่ตคๅญ
๐ธ๐ฎ primanjkljaji
๐ฎ๐ธ halli
๐ฐ๐ฟ ะดะตัะธัะธััะตั
๐ฌ๐ช แแแคแแชแแขแแแ
๐ฆ๐ฟ kษsirlษr
๐ฒ๐ฝ dรฉficits
Word origin
The word 'deficits' originated from the Latin word 'deficere', meaning 'to fail'. It first appeared in English in the mid-18th century. Over time, the term has evolved to encompass various contexts, from financial deficits to deficits in knowledge or resources.