deficit
Translation
deficit, shortfall
Examples
The government is facing a huge budget deficit.
The government is facing a huge budget deficit.
There is a deficit of skilled workers in the industry.
There is a deficit of skilled workers in the industry.
Grammar Patterns
a budget/trade deficit a specific type of financial deficit The country has a large trade deficit.
a deficit of ((sth.)) a shortage of something The team has a deficit of experienced players.
Similar Words
Synonyms: shortfall, shortage, loss; Antonyms: surplus, profit
Etymology
From Latin 'deficit', meaning 'it is wanting', from 'deficere' (to fail, be wanting). Same root as 'deficiency'.
Memory Tips
Often used in finance. Think 'de-' (down) + 'fit' (from facere, to make) -> the amount made is down, resulting in a loss.