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Dictionary and Thesaurus entries for:

deficit

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deficit [n]
 
1)the property of being an amount by which something is less than expected or required
    Synonyms :shortage shortfall 
    See Also: deficiency  oxygen_deficit 
 
2)an excess of liabilities over assets (usually over a certain period)
    Synonyms :
    See Also: liabilities  budget_deficit  trade_deficit 
 




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