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Synonyms

trade deficit

American  
[treyd def-uh-sit] / ˈtreɪd ˌdɛf ə sɪt /

noun

Economics.

  1. a negative balance of trade, or the amount by which the value of a country’s imports exceeds that of its exports.

trade deficit Cultural  

  1. The condition that exists when the value of what a country imports exceeds the value of what it exports; also called an unfavorable balance of trade.

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Trade deficits, because they imply that capital is leaving a country, can cause higher interest rates.

Etymology

Origin of trade deficit

First recorded in 1855–60

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.