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more about deficit
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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