Deficit
Bouvier's Law Dictionary and Concise Encyclopedia · John Bouvier; revised by Francis Rawle · 1914
Bouvier's Law Dictionary and Concise Encyclopedia
DEFICIENCY
That part of a debt which a mortgage was given to secure and not realized from the sale of the mortgaged property.
Goldsmith v. Brown,.".."J Barb. I N. Y. I 492. See Johnson v. Mc Kinnon, 54 Fla. 221, 45 South.,23, 13 L. B. A. (N. S.) 874, 127 Am. St. Rep. 135, 14 Ann. Cas. 180.