C1 the total amount by which money spent is more than money received赤字;逆差;亏损
More examples
There are many priorities, but reducing the budget deficit is paramount/is of paramount importance.
By late in the first half United were staring at a seven-goal deficit and almost certain defeat.
The UK trade deficit widened/narrowed last month.
The government claimed they were doing a good job of reducing the country's trade deficit and balancing the budget.
The deficit has been rising in recent years because of a drop in earnings from oil, the country's main export.
noun
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