Deficit
Pronunciation : Def"i*cit
Part of Speech : n.
Etymology : [Lit., it is wanting, 3d person pres. indic. of L. deficere, cf. F. d?ficit. See Defect.]
Definition : Defn: Deficiency in amount or quality; a falling short; lack; as, a deficit in taxes, revenue, etc. Addison.
Source : Webster's Unabridged Dictionary, 1913