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Deficit vs Loss - What's the difference?

deficit | loss |

As nouns the difference between deficit and loss

is that deficit is deficiency in amount or quality; a falling short; lack while loss is an instance of losing, such as a defeat.

deficit

English

Noun

(en noun)
  • Deficiency in amount or quality; a falling short; lack.
  • A situation wherein, or amount whereby, spending exceeds government revenue.
  • * 2013 September 28, , " London Is Special, but Not That Special," New York Times (retrieved 28 September 2013):
  • Economically, too, London is startlingly different. The capital, unlike the country as a whole, has no budget deficit : London’s public spending matches the taxes paid in the city. The average Londoner contributes 70 percent more to Britain’s national income than people in the rest of the country.
  • *
  • Synonyms

    * fiscal deficit

    Derived terms

    * fiscal deficit * trade deficit

    References

    * ----

    loss

    English

    Alternative forms

    * (obsolete)

    Noun

    (es)
  • an instance of losing, such as a defeat
  • The match ended in their first loss of the season.
  • The result of an alteration in a function or characteristic of the body, or of its previous integrity.
  • Loss of an arm ; loss of weight ; loss of cognitive functions ; loss of appetite.
  • the hurtful condition of having lost something or someone
  • We mourn his loss .
  • (in the plural) casualties, especially physically eliminated victims of violent conflict
  • The battle was won, but losses were great.
  • (financial) the sum an entity loses on balance
  • ''The sum of expenditures and taxes minus total income is a loss , when this difference is positive.
  • destruction, ruin
  • ''It was a terrible crash: both cars were total losses
  • (engineering) electricity of kinetic power expended without doing useful work
  • The inefficiency of many old-fashioned power plants exceeds 60% loss''' before the subsequent ' losses during transport over the grid

    Usage notes

    * We often use make' or ' take a loss. See

    Antonyms

    * gain * win * (financial) profit

    Derived terms

    * loss leader * loss ratio * at a loss * for a loss

    Statistics

    *

    Anagrams

    * ----