Definition of "trade deficit" []

• A negative balance of trade. (noun)

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• "A worsening trade deficit would generate political pressure to succumb to neo-protectionist arguments."
• "But the trade deficit persisted at a high level B90 billion, prompting authorities to impose several measures by early 1984, including control on the opening of letters of credit for nonoil imports and an 18% limit on commercial banks’ credit expansion."
• "Then he sprawled on the sofa with a news magazine, while Yum Yum snuggled on his lap and Koko perched on the sofaback, both waiting to hear him read aloud about the trade deficit and the latest hostile takeover."