Definitions and Examples of loss, deficit, debt
Learn when and how to use these words with these examples!
The state of having less money or value than before.
Example
The company suffered a loss of millions of dollars due to the pandemic.
The amount by which something, especially a sum of money, is too small.
Example
The government announced a budget deficit of $50 billion for the next fiscal year.
An amount of money that is owed or due.
Example
He had to borrow money to pay off his debt to the bank.
Key Differences: loss vs deficit vs debt
- 1Loss refers to a decrease in value or money compared to the previous state.
- 2Deficit refers to the shortfall between income and expenses.
- 3Debt refers to the amount of money that is owed to someone else.
Effective Usage of loss, deficit, debt
- 1Financial Planning: Use these antonyms to understand and plan your finances better.
- 2Business Communication: Incorporate these antonyms in business conversations to discuss financial performance.
- 3News Reporting: Utilize these antonyms in news articles to report on economic trends and financial news.
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Remember this!
The antonyms of nett are loss, deficit, and debt. Use these words to understand and plan your finances better, discuss financial performance in business conversations, and report on economic trends and financial news in news articles.
