LekhoriLekhoriDeficiency in amount or quality; a falling short; lack.
The crop output this year has been comparatively small, owing to the deficit in rainfall.
A situation wherein, or amount whereby, spending exceeds (e.g. government) revenue.
Dr. Beeching's obvious intent is that if Scottish—and similarly unprofitable English and Welsh—railways are to be maintained, it must be done by an unconcealed subsidy; he is determined that the railways shall no longer be preoccupied with—and derided for—immense deficits which include the burden of social services the State must openly underwrite, if it wants them.
From French déficit, from Latin dēficit.
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