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CEFR C1 — Advanced

Deficit

Definition

(formal) A situation in which there is not enough money, resources, or something else that is needed; a shortage or lack of something, especially a financial one.

Example Sentences

1The company has been operating with a significant deficit for the past three years, which has led to concerns about its long-term viability.
2What measures can governments take to reduce their budget deficits and promote economic growth?
3The trade deficit widened in the first quarter due to a decline in exports and an increase in imports.
4To address the deficit in skilled workers, the government has introduced a new visa program for foreign professionals.
5There is a growing deficit in trust between the public and institutions, which is undermining social cohesion and stability.

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