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 ?
The iodine deficiency is not only causing the birth of disabled and mental children but also involve in high death rate of newly born babies, he said and added that use of iodine mixed salt is only option to overcome the iodine deficiency.
Thus, there is a possibility that iron deficiency anaemia may act as a predisposing risk factor towards other neurological disturbances like febrile seizures6.
A Multan based study in Pakistan showed a correlation between the prevalence of iron deficiency anemia and the dietary habits of the mothers.
Several in-vitro studies suggest that increased homocysteine resulting from vitamin B12 and folic acid deficiency may cause hemolysis.4 Literature search showed a few studies regarding the relation between vitamin B12 deficiency and the presence of cholestasis.
Dr Wafaa says that if the iron deficiency anaemia develops quickly then the symptoms will be more severe as compared to gradually developing iron deficiency anaemia commonly found with stomach ulcer.
Patients who present signs of copper deficiency manifest a profound insufficiency of hematopoiesis that is linked with anemia, leukopenia and less commonly, thrombocytopenia.
The total amount of interest deficiency interest and delinquency interest of P100,000 is in effect equal to the basic deficiency tax due of P100,000.
The metabolism of numerous neurotransmitters, aldehyde oxidases and monoamines is reported to be reduced among the children having iron deficiency anemia4.
Combined Factor V and FVIII deficiency was described in 1954 for the first time.
Deficiency can be occur due to consumption of food lower in zinc contents or due to unavailable forms of zinc deficiency can also be occur due to diseases or genetic malfunctions that impairs intestinal absorption and enhance the loss of zinc through intestine.Biofortification is a technique (Plant breeding or Agronomic) to increase grain micronutrient concentration.
In adequate intake of iron can leads to iron deficiency anemia in children.
However, the longer children are breast fed, the greater their chances of iron deficiency. If that's the case, why isn't there an increase in iron deficiency anemia?