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deficit

Defined in 5 dictionaries — U.S. Code, Bouvier (1914), Black's (1910), Black's (1891), Bouvier (1839)

United States Code

2 U.S.C. § 622 — in this section

The term “deficit” means, with respect to a fiscal year, the amount by which outlays exceeds 2 receipts during that year.

2 U.S.C. § 900 — as used in this subchapter (5 versions over time)

The terms “budget authority”, “new budget authority”, “outlays”, and “deficit” have the meanings given to such terms in section 3 of the Congressional Budget and Impoundment Control Act of 1974 [2 U.S.C. 622] and “discretionary spending limit” shall mean the amounts specified in section 901 of this title.

Show all 2 definitions and how they changed over time

Bouvier's Law Dictionary and Concise Encyclopedia

John Bouvier; revised by Francis Rawle · 1914

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.

Black's Law Dictionary

Henry Campbell Black, M.A. · 1910

Something wanting, generally in the accounts of one intrusted with money or in the money recoived by him. Mutual I & B. Ass'n v. Price, 19 Fla. 135.

A Dictionary of Law

Henry Campbell Black · 1891

Someting wanting, generally in the accounts of one intrusted with money, or in the money received by him.

A Law Dictionary, Adapted to the Constitution and Laws of the United States

John Bouvier · 1839

This latin term si nifies that something is wanting. i is used to express the deficiency which is discovered in the accounts of an accountant, or in the money which he has received. DEFINITION is an enumeration of the principal ideas of which a compound idea is formed, to ascertain and explain its nature and character; or it is that which denotes and points out the substance of a thing tous. Ayliff’s Pand. 59. A definition ought to contain every idea which belongs to the thing defined and exclude all others. Definitions are always dangerous, because it is always difficult to prevent their being inaccurate, or their becoming 80; omnis definitio in jure civili periculosa est, parum est enim, ut non subverts possit.