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Deficit   /dˈɛfəsət/   Listen
noun
Deficit  n.  Deficiency in amount or quality; a falling short; lack; as, a deficit in taxes, revenue, etc.






Collaborative International Dictionary of English 0.48








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"Deficit" Quotes from Famous Books



... assurance of success, won for him one half of the battle by so sure a presage of victory. He lured the members of the House by showing them a considerable remission in their own taxes, provided they would stand by his scheme of replacing the deficit by an income from the colonies; and he boldly assured his delighted auditors that he knew "the mode by which a revenue could be drawn from America without offense." He was of the thoughtless class which learns no lesson. He still avowed himself "a firm advocate of the ...
— Benjamin Franklin • John Torrey Morse, Jr.

... debt. Unless it is chilled and destroyed in the vigorous months of March, April and May, when the churches are full and active, it will, during the hot summer months, when the audiences are thin, grow rapidly, and develop its bitter fruit—a great deficit. The coming three months will be the test. We are the servants of the churches and are doing their work, and we are confident that they intend to give us the ...
— American Missionary, Volume 43, No. 3, March, 1889 • Various

... Roughly 4 million foreign workers play an important role in the Saudi economy, for example, in the oil and service sectors. The Saudi economy was severely hit by the large decline in world oil prices in 1998. GDP fell by nearly 11%; the budget deficit rose to $12.3 billion; and the current account recorded a $13 billion deficit—the first in three years. The government announced plans to implement large spending cuts in 1999 because of weak oil prices and ...
— The 1999 CIA Factbook • United States. Central Intelligence Agency.

... after his Government had fallen, he wrote: "A Cabinet does not exist out of office, and no one in his senses could covenant to call the late Cabinet together." The solution of these difficulties came unexpectedly. The Budget introduced by Hugh Childers on the 30th of April proposed to meet a deficit by additional duties on beer and spirits; and was therefore extremely unpopular. Silently and skilfully, the Tories, the Irish, and the disaffected Liberals laid their plans. On Sunday, June 7th, Lord Henry Lennox—a leading Tory—told me at luncheon that we were to be turned ...
— Fifteen Chapters of Autobiography • George William Erskine Russell

... years before your heirs attain their majority; no conflict of interests is, therefore, to be feared. A mother-in-law and a son-in-law placed in such relations will form a household of united interests. Madame Evangelista can make up for the remaining deficit by paying a certain sum for her support from her annuity, which will ease your way. We know that madame is too generous and too large-minded to be willing to be a burden on her children. In this way you can make one household, united and happy, and be able to spend, ...
— The Marriage Contract • Honore de Balzac


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