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A deficiency, misappropriation, or defalcation; a minus balance; something wanting.

Deficit is commonly used to mean any kind of shortage, as in an account, a number, or a balance due. Deficit spending or financing involves taking in less money than the amount that is paid out.


Federal Budget.


n. a shortage, less than is due, or in the case of a business or government budget, more expenditures than income. Unbalanced budgets with a planned year-end deficit are prohibited at every level of government except the federal.


noun absence, arrears, balance to pay, dearth, default, deficiency, financial shortage, inadequacy, insufficiency, lack, loss, meagerness, omission, overdraft, paucity, scantiness, scarcity, shortage, shortness
See also: arrears, debt, decrement, deficiency, delinquency, due, insufficiency, need, poverty

DEFICIT. This Latin term signifies that something is wanting. It is used to express the deficiency which is discovered in the accounts of an accountant, or in the money in which he has received.

References in periodicals archive ?
In order to reduce these barriers, the knowledge deficit for faculty will need to be addressed through publications and conferences.
Institutional issues identified by the vast majority of clinicians included a knowledge deficit regarding established comfort committees and quality improvement activities.
The trend of knowledge deficit as a result of workforce attrition is consistent across manufacturing sectors such as aerospace, defense (government agencies), automotive, high tech, and the energy/utilities sector.
Literature Review Studies of nursing students' knowledge of cancer are descriptive but show a knowledge deficit of early symptoms, cancer-related side effects and management (Frerichs & Varricchio, 1988), and pain management (Sheehan, Webb, Bower, & Einsporn, 1992).
When 80 percent of retirement-age Americans get an 'F' on a basic retirement income quiz, it's clear there is a real knowledge deficit around retirement income planning," said David A.
According to the International Technology Roadmap for Semiconductors (ITRS), a knowledge deficit in heat and an absence of thermal tools will force chip designers to apply costly timing and power margins of 30% to 40%.
WASHINGTON, May 11, 2011 /PRNewswire/ -- While stroke, heart disease and other cerebrovascular diseases are the fourth leading cause of death in Hispanics - stroke and heart disease account for one in four deaths among Hispanic men and one in three deaths among Hispanic women - findings suggest that a stroke knowledge deficit is more pronounced among this population.
As part of a continued effort to accommodate the growing knowledge deficit that exists in many specialized areas, Native6 recently released a course designed specifically for programmers.
Barrett added, "There is a major knowledge deficit with individuals and legislators about how the current use of information provides benefits.

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