DEFICIT

deficit, shortage, shortfall

(noun) the property of being an amount by which something is less than expected or required; “new blood vessels bud out from the already dilated vascular bed to make up the nutritional deficit”

deficit

(noun) an excess of liabilities over assets (usually over a certain period); “last year there was a serious budgetary deficit”

deficit

(noun) (sports) the score by which a team or individual is losing

deficit

(noun) a deficiency or failure in neurological or mental functioning; “the people concerned have a deficit in verbal memory”; “they have serious linguistic deficits”

Source: WordNet® 3.1

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Etymology

Noun

deficit (plural deficits)

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

A situation wherein, or amount whereby, spending exceeds government revenue.

Synonyms

• fiscal deficit, shortfall

Antonyms

• superavit

Source: Wiktionary

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Def"i*cit, n. Etym: [Lit., it is wanting, 3d person pres. indic. of L. deficere, cf. F. déficit. See Defect.]

Definition: Deficiency in amount or quality; a falling short; lack; as, a deficit in taxes, revenue, etc. Addison.

Source: Webster’s Unabridged Dictionary 1913 Edition

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