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Meaning of DEFICIT

Pronunciation:  'defisit

WordNet Dictionary
 
 Definition: 
  1. [n]  the property of being an amount by which something is less than expected or required
  2. [n]  an excess of liabilities over assets (usually over a certain period)
 
 Websites: 
 
 Synonyms: shortage, shortfall
 
 See Also: budget deficit, deficiency, inadequacy, insufficiency, liabilities, oxygen deficit, trade deficit

 

 

Webster's 1913 Dictionary
 
 Definition: 
\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.
 
Thesaurus Terms
 
 Related Terms: absence, arrear, arrearage, arrears, back debts, back payments, balance, beggary, bouncing check, break, credit, decline, defalcation, default, defect, defectiveness, deferred payments, deficiency, deficit financing, delinquency, deprivation, destitution, difference, discontinuity, discrepancy, dollar gap, drought, epact, failure, falling short, famine, gap, hiatus, imperfection, impoverishment, inadequacy, incompleteness, inferiority, insufficiency, interval, lack, lacuna, loss, missing link, need, net, omission, outage, overdraft, remainder, scantiness, short measure, shortage, shortcoming, shortfall, slump, starvation, surplus, ullage, underage, want, wantage
 

 

 

 

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