"Deficiency" is a word in LAW AND LEGAL, ENGLISH
A lack, shortage, or in-sufficiency. The difference between the total amount of the debt or payment meant to be secured by a mortgage and that realized on foreclosure and sale when less than the total. A Judgment or decree for the amount of such deficiency is called a “deficiency judgment” or “decree.” Goldsmith v. Brown, 35 Barb. (N. Y.) 492
The state of being deficient; inadequacy; want;
failure; imperfection; shortcoming; defect.
For every opinion, there is an equal and opposite opinion.
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