deficit
Pronunciation:
/ˈdɛfɪsɪt//ˈdɛfəsɪt/noun
Definitions
Deficiency in amount or quality; a falling short; lack.
A situation wherein, or amount whereby, spending exceeds government revenue.
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/ˈdɛfɪsɪt//ˈdɛfəsɪt/Definitions
Deficiency in amount or quality; a falling short; lack.
A situation wherein, or amount whereby, spending exceeds government revenue.