deficiency

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Deficiency

The amount by which a project's cash flow is not adequate to meet debt service.

Deficiency

1. The amount by which cash flow falls short of debt service. For example, if a company has $300,000 in current liabilities and only $250,000 in cash flow for a given year, its deficiency is $50,000.

2. In taxation, the amount by which one's tax liability exceeds what the individual person or organization reported. For example, if the IRS disallows certain deductions that the taxpayer applied, he/she will owe more in taxes than he/she reported on the return. Deficiency is the amount this taxpayer still owes to the IRS.

deficiency

1. The amount by which an individual's or an organization's tax liability as computed by the Internal Revenue Service exceeds the tax liability reported by the taxpayer.
2. The amount by which a firm's liabilities exceed assets.

deficiency

The amount due on a mortgage loan after adding all expenses of foreclosure and accrued interest to the principal balance of the loan and then deducting the sale price or lender-bid price for the property. The balance remaining, if any, may be collected by the lender by means of taking a deficiency judgment, unless prohibited by law or contract. Deficiency judgments may be collected just like any other judgment, through seizure of other assets or garnishment. There are two circumstances when a lender may not collect any deficiency:

1. In states with consumer protection statutes that outlaw deficiencies on first mortgages on a borrower's principal residence.

2. With mortgage loans designated as nonrecourse, meaning the lender and borrower agreed in advance that the property would stand for the debt and there would be no deficiency allowed in the event of foreclosure.

References in periodicals archive ?
We have been pleased with the levels of interest and engagement shown by 3rd parties in commercialising Accrufer in the USA and we look forward to finalising these discussions and appointing a commercial partner In the world's most attractive pharmaceutical market, so that more patients with iron deficiency can benefit from treatment with Accrufer at the earliest opportunity.'
It has been reported that coexisting iron deficiency in BTT may hinder the diagnosis of BTT by reducing the synthesis of HbA223.
Fifty patients of proven iron deficiency anaemia, predominantly female patients, had a mean (SD [Standard Deviation]) age of 36.18 yrs.
Tang et al., and Shaoul et al., showed that iron deficiency anemia had high prevalence in children with severe childhood decay as a result of wrong ingestion habits.
Collectively, the authors say, these findings highlight the vulnerability of adolescent blood donors to associated iron deficiency.
Thus, there is a possibility that iron deficiency anaemia may act as a predisposing risk factor towards other neurological disturbances like febrile seizures6.
Ms Grace Msalame, the Royco brand ambassador for theGet Your Iron Upcampaign, said she discovered she had iron deficiency, but managed to change this by adopting a healthy diet."When I discovered that my haemoglobin levels were low, I decided to take up a diet with iron-rich foods to overcome the deficiency," said Ms Msalame.
This can be explained on the basis of the fact that many studies, national and international, have shown that iron deficiency is the leading cause of anemia worldwide especially hypochromic microcytic anemia.1,16 Secondly, in Pakistan,frequency of beta thalassemia trait is reported to be 5-7% in general population.17 So even excluding 5-7% of the anemic children from our results, we still get high prevalence of iron deficiency anemia in our preschool children.
Iron deficiency anemia in pregnancy is also associated with weakness, fatigue and drowsiness.
Pregnant or breastfeeding women might have an increased risk for iron deficiency. This is because there is an increased blood volume, which in effect requires that more iron is used for oxygen transport to the baby.
Iron deficiency is a three-stage process that affects all cells of the human body.
Iron Deficiency Anaemia in pregnancy is a risk for preterm delivery, low birth weight babies and adverse effects on infant development.