Deficit - Definition
deficit
n 1: 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" [syn: deficit, shortage, shortfall]
2: a deficiency or failure in neurological or mental
functioning; "the people concerned have a deficit in verbal
memory"; "they have serious linguistic deficits"
3: (sports) the score by which a team or individual is losing
[ant: lead]
4: an excess of liabilities over assets (usually over a certain
period); "last year there was a serious budgetary deficit"