- (economics) the amount by which money spent or owed is greater than money earned in a particular period of time
- a budget deficit
- in deficit The trade balance has been in deficit for the past five years.
Collocations International relationsInternational relationsTradecompare surplus- facilitate/regulate trade (with other countries)
- form/join a trading bloc
- live in/compete in a global/the world economy
- support/promote free trade
- adopt/call for/oppose protectionist measures
- erect/impose/reduce/remove trade barriers
- impose/lift/raise/eliminate import tariffs (on something)
- have/run a huge/large/growing trade surplus/deficit
- embrace/resist/drive globalization
- conduct/handle/talk about/discuss foreign policy
- pursue an aggressive/a hawkish foreign policy
- require/use/conduct diplomacy
- establish/break off/sever/restore diplomatic relations
- foster/promote/strengthen regional cooperation
- facilitate/achieve economic/political integration
- exercise/defend/protect/transfer/restore/regain national/state/full/limited sovereignty
- consolidate/extend/lose/retain your power (in the region)
- hold/maintain/change/alter/shift/be a shift in the balance of power (in the region)
- cause/create/open/expose/heal/repair a deep/growing/major/serious rift between X and Y
- have/hold/host/attend an international conference/an economic forum/a summit meeting
- launch a new round of global/multilateral/world trade negotiations
- send/head/lead/meet a high-level/an official/a trade delegation
- begin/start/continue/resume peace talks
- be committed to/be opposed to/disrupt/undermine/derail/sabotage the peace process
- negotiate/achieve a lasting political settlement
- broker/sign a peace deal/agreement/treaty
- be/constitute/pose a threat to global security
- compromise/endanger/protect national security
- justify/be in favour of/ (US English) be in favor of/be against military intervention
- threaten/authorize/launch/take/support/oppose unilateral/pre-emptive military action
- impose/enforce/lift/end economic sanctions/an arms embargo/a naval blockade
- close/protect/secure/patrol the border
- lead/be involved in a peacekeeping operation
- negotiate/announce a $15 billion aid package/an economic stimulus package
- send/provide/request/cut off military aid
- bring/provide emergency/humanitarian relief
- deliver/distribute medical supplies/(British English) food parcels/(North American English)food packages
- fund/run a foreign/a local/an international NGO
- reduce/eradicate child/global/world poverty
Extra ExamplesTopics Businessc1- a budget deficit running at 7% of GDP
- The UK remained in deficit with all countries outside the EU.
- If the government didn't run such huge deficits, the country would not have financial problems.
- The company has run up a deficit of £30 000.
- The government was forced to sell state-owned companies to fund the budget deficit.
- The trade balance shows a deficit of two million dollars.
- You cannot cut a budget deficit simply by raising taxes.
- to prevent the country from moving into deficit
Oxford Collocations Dictionaryadjective- enormous
- huge
- large
- …
- face
- have
- run
- …
- run at something
- grow
- increase
- …
- in deficit
- deficit with
- (formal) the amount by which something, especially an amount of money, is too small or smaller than something else
- There's a deficit of $3 million in the total needed to complete the project.
- The team has to come back from a 2–0 deficit in the first half.
Extra Examples- We will find it hard to make up this deficit.
- United are hoping to overturn a two-goal deficit from the first leg.
Oxford Collocations Dictionaryadjective- enormous
- huge
- large
- …
- face
- have
- run
- …
- run at something
- grow
- increase
- …
- in deficit
- deficit with
Word Originlate 18th cent.: via French from Latin deficit ‘it is lacking’, from the verb deficere ‘desert or fail’, from de- (expressing reversal) + facere ‘do’.
Check pronunciation:
deficit