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TOEFL IELTS BNC: 2918 COCA: 2403

deficit

def·i·cit /ˈdefɪsɪt/ ●○○ noun [countableC]  
NOT HAVEthe difference between the amount of something that you have and the higher amount that you need 逆差,亏损,赤字,不足额 shortfall
 the country’s widening budget deficit
这个国家日益严重的预算赤字
 the US’s foreign trade deficit
美国的对外贸易逆差
deficit of
 a deficit of £2.5 million
250万英镑的亏损
deficit in
 Many countries have a big deficit in food supply.
许多国家食物供应严重不足。
in deficit
 The US balance of payments was in deficit.
美国的国际收支平衡出现逆差。
nCOLLOCATIONS
ADJECTIVES/NOUN + deficit
huge/massive (=very big)
The recession left the Government with a massive deficit.
a growing deficit (=becoming bigger)
Congress must slash federal spending to curb a growing deficit.
a budget deficit
Last year there was a budget deficit of US $70,000,000.
a trade deficit (=the difference between the amount of goods a country imports and the amount it exports)
Last year the country had its largest trade deficit in recent history.
verbs
have a deficit
We had a trade deficit of more than $4 billion.
show a deficit
Friday's trade figures showed a £10 billion deficit.
face a deficit
The party is facing a deficit of £1.3million for this year, so it must find ways of cutting its costs.
reduce/cut a deficit
We must drastically cut our budget deficit to sustain economic growth.
eliminate a deficit (=completely get rid of it)
His proposals have so far failed to eliminate the deficit.
Examples from the Corpus
From Longman Business Dictionary
deficitdef·i·cit /ˈdefɪsɪt/ written abbreviation def noun [countableC]
1COMMERCEan amount of money that a business has lost in a particular period of time
Last year the university ran up a deficit of £17 million, but this year it has nearly succeeded in balancing the books.
2ECONOMICS an amount by which the money that a government spends is more than it receives in tax in a particular period
The budget did less to reduce public spending and the deficit than many bankers and businessmen would have liked.
The balance of payments was in deficit in 2000 and 2001, and in surplus in 2002 and 2003.
balance of payments deficit budget deficit current account deficit federal deficit trade deficit
Origin deficit
(1700-1800) French déficit, from Latin deficit it lacks, from deficere; → DEFECT1
def·i·cit nounn COLLOCATIONS1
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