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deficit

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deficit


  2  definitions  found 
 
  From  Webster's  Revised  Unabridged  Dictionary  (1913)  [web1913]: 
 
  Deficit  \Def"i*cit\,  n.  [Lit.,  it  is  wanting,  3d  person  pres. 
  indic.  of  L.  deficere  cf  F.  d['e]ficit.  See  {Defect}.] 
  Deficiency  in  amount  or  quality;  a  falling  short;  lack;  as  a 
  deficit  in  taxes,  revenue,  etc  --Addison. 
 
  From  WordNet  r  1.6  [wn]: 
 
  deficit 
  n  1:  the  property  of  being  an  amount  by  which  something  is  less 
  than  expected  or  required  [syn:  {shortage},  {shortfall}] 
  2:  an  excess  of  liabilities  over  assets  (usually  over  a  certain 
  period) 




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