deficit

deficit.

1. A deficiency or disadvantage; a deficiency in the amount or quality of something.

trade deficit. In economics, the excess of merchandise imports over merchandise exports during a specific period.

— Also termed trade gap. Cf. trade surplus under SURPLUS.

2. An excess of expenditures or liabilities over revenues or assets.

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词条贡献者

译员圣强，国际仲裁与争端解决专业，专注翻译各种与跨境争议有关的法律文件。