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Deficit

//ˈdɛfɪsɪt// noun

Definitions

Noun
  1. 1
    Deficiency in amount or quality; a falling short; lack.

    "The crop output this year has been comparatively small, owing to the deficit in rainfall."

  2. 2
    the property of being an amount by which something is less than expected or required wordnet
  3. 3
    A situation wherein, or amount whereby, spending exceeds (e.g. government) revenue.

    "Dr. Beeching's obvious intent is that if Scottish—and similarly unprofitable English and Welsh—railways are to be maintained, it must be done by an unconcealed subsidy; he is determined that the railways shall no longer be preoccupied with—and derided for—immense deficits which include the burden of social services the State must openly underwrite, if it wants them."

  4. 4
    an excess of liabilities over assets (usually over a certain period) wordnet
  5. 5
    (sports) the score by which a team or individual is losing wordnet
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  1. 6
    a deficiency or failure in neurological or mental functioning wordnet

Etymology

From French déficit, from Latin dēficit.

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