deficit

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Deficit

An excess of liabilities over assets, of losses over profits, or of expenditure over income.

Deficit

A situation in which outflow of money exceeds inflow. That is, a deficit occurs when a government, company, or individual spends more than he/she/it receives in a given period of time, usually a year. One's deficit adds to one's debt, and, therefore, many analysts believe that deficits are unsustainable over the long-term. See also: Surplus.

deficit

1. A negative retained earnings balance. A deficit results when the accumulated losses and dividend payments of a business exceed its earnings.

deficit

see BUDGET DEFICIT, BALANCE OF PAYMENTS.
References in periodicals archive ?
The brains of boys with CTD do not function normally, resulting in severe speech deficits, developmental delay, seizures and profound mental retardation.
In available literature, the various neurological deficits including speech deficits have been reported to be transient in nature (4,5).
Target end-users of these products include the approximately 830,000 persons with neuromuscular disorders, many of whom are children, and those with speech deficits among the 2.