Deficits: meaning, definitions and examples

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deficits

 

[ หˆdefษชsษชts ]

Noun
Context #1 | Noun

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

debt, shortage, shortfall

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.
Context #2 | Noun

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:

๐Ÿ‡ต๐Ÿ‡น dรฉficits

๐Ÿ‡ฎ๐Ÿ‡ณ เค˜เคพเคŸเฅ‡

๐Ÿ‡ฉ๐Ÿ‡ช Defizite

๐Ÿ‡ฎ๐Ÿ‡ฉ defisit

๐Ÿ‡บ๐Ÿ‡ฆ ะดะตั„ั–ั†ะธั‚ะธ

๐Ÿ‡ต๐Ÿ‡ฑ deficyty

๐Ÿ‡ฏ๐Ÿ‡ต ่ตคๅญ—

๐Ÿ‡ซ๐Ÿ‡ท dรฉficits

๐Ÿ‡ช๐Ÿ‡ธ dรฉficits

๐Ÿ‡น๐Ÿ‡ท aรงฤฑklar

๐Ÿ‡ฐ๐Ÿ‡ท ์ ์ž

๐Ÿ‡ธ๐Ÿ‡ฆ ุนุฌุฒ

๐Ÿ‡จ๐Ÿ‡ฟ deficity

๐Ÿ‡ธ๐Ÿ‡ฐ deficity

๐Ÿ‡จ๐Ÿ‡ณ ่ตคๅญ—

๐Ÿ‡ธ๐Ÿ‡ฎ primanjkljaji

๐Ÿ‡ฎ๐Ÿ‡ธ halli

๐Ÿ‡ฐ๐Ÿ‡ฟ ะดะตั„ะธั†ะธั‚ั‚ะตั€

๐Ÿ‡ฌ๐Ÿ‡ช แƒ“แƒ”แƒคแƒ˜แƒชแƒ˜แƒขแƒ”แƒ‘แƒ˜

๐Ÿ‡ฆ๐Ÿ‡ฟ kษ™sirlษ™r

๐Ÿ‡ฒ๐Ÿ‡ฝ dรฉficits

Etymology

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.

Word Frequency Rank

Position #7,679 indicates this is an advanced-level word. While not essential for basic communication, it will enhance your ability to understand and create more nuanced content.