Deficit

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Deficit

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.

Cross-references

Federal Budget.

West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved.

deficit

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.

Copyright © 1981-2005 by Gerald N. Hill and Kathleen T. Hill. All Right reserved.

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.

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.
References in periodicals archive ?
Stomatal closure induced by water deficit reduces leaf transpiration rate, and consequently results in reduced evaporative cooling and increased leaf temperature (Berni et al., 2009).
stamineus leaves and stem biomass yield may not be affected by water deficit treatments over the two weeks period.
However, the application of water deficit in such intensity (ADH2) caused an increase in the diameter, except Hedba3 genotype, which exhibited a regression in its diameter under these conditions.
Weatherley, "A re-examination of the relative turgidity technique for estimating water deficits in leaves," Australian Journal of Biological Sciences, vol.
Other studies over the past 60 years suggest that the topsoil (where most of the root activity and nutrients usually are) should remain moist for optimal pasture growth, and that the soil water deficit should be kept below ~20 mm.
A moderate water deficit could significantly improve fruit quality (in terms of TSS content and perhaps acidity) of deficit irrigated tomato of Melka Shola and Melkassa Marglobe by 10% and 15%, respectively without depressing marketable yields in relation to fully irrigated treatments.
The role of cell wall adjustment in plant resistance to water deficits (Review and Interpretation).
In effect, the region's water deficit can be thought of as another Nile flowing into the region in the form of imported food.
Ascorbate peroxidase activity and the amount of ascorbate were elevated in water deficit treatments relative to the full irrigation during Year 2.
There were no significant changes in hematocrit measurements, indicating that subjects did not have a significant water deficit.
Deciduous plants subjected to drought in seasonally-dry environments may display a range of responses that are thought of as adaptive to water deficit. Frequent responses of plants to drought include leaf rolling, paraheliotropic movements and increase in leaf reflectance (Begg, 1980; Ehleringer, 1980).