Deficiency vs. Deficit

Deficiencynoun

(uncountable) Inadequacy or incompleteness.

Deficiencynoun

(countable) An insufficiency, especially of something essential to health.

Deficiencynoun

(geometry) The amount by which the number of double points on a curve is short of the maximum for curves of the same degree.

Deficiencynoun

(geometry) The codimension of a linear system in the corresponding complete linear system.

Deficiencynoun

The state of being deficient; inadequacy; want; failure; imperfection; shortcoming; defect.

Deficiencynoun

the state of needing something that is absent or unavailable;

Deficiencynoun

lack of an adequate quantity or number;

Deficitnoun

Deficiency in amount or quality; a falling short; lack.

Deficitnoun

A situation wherein, or amount whereby, spending exceeds government revenue.

Deficitnoun

Deficiency in amount or quality; a falling short; lack; as, a deficit in taxes, revenue, etc.

Deficitnoun

the property of being an amount by which something is less than expected or required

Deficitnoun

an excess of liabilities over assets (usually over a certain period)