Left Definition 1 of 4Right
LampPro Tip 1/3
Economic ContextPlay
'Deficit' often relates to government budgets and economics. SlideThe government introduced measures to reduce the fiscal deficit.
LampPro Tip 2/3
Negative ImpactPlay
'Deficit' implies a problematic shortfall in finances or resources. SlideThe trade deficit has had a negative impact on the economy.
LampPro Tip 3/3
Formality LevelPlay
'Deficit' is a formal word, often used in official or financial reports. SlideThe annual report shows a significant budget deficit.