1. An excess of liabilities over assets (usually over a certain period)
   "last year there was a serious budgetary deficit"
    
2. The amount by which something is less than expected or required
   "there was a deficit of skilled workers";
   - shortage, shortfall
    
3. A deficiency or failure in neurological or mental functioning
   "the people concerned have a deficit in verbal memory"; "they have serious linguistic deficits"
    
4. (sport) the score by which a team or individual is losing
   "The team faced a ten-point deficit at halftime"

Derived forms: deficits

Type of: deficiency, inadequacy, insufficiency, lack, liabilities, score, want

Antonym: lead

Encyclopedia: Deficit