Hypertext Webster Gateway: "Deficit"
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) 1.7 (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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