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deficit

Syllabification: (def·i·cit)

Pronunciation: /ˈdefəsit/

Definition of deficit

the amount by which something, especially a sum of money, is too small.
an excess of expenditure or liabilities over income or assets in a given period:an annual operating deficit the budget will remain in deficit
(in sports) the amount or score by which a team or individual is losing:came back from a 3-0 deficit
technical a deficiency or failing, especially in a neurological or psychological function:deficits in speech comprehension

Origin:

late 18th century: via French from Latin deficit 'it is lacking', from the verb deficere (see defect¹)

Definition of deficit in the British & World English dictionary

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