deficiency of law

  • 1deficiency — de·fi·cien·cy /di fi shən sē/ n pl cies: an amount that is lacking or inadequate: as a: the difference between the amount of tax owed and the amount of tax paid b: the difference between the amount owed under a security agreement and the amount… …

    Law dictionary

  • 2deficiency judgment — see judgment 1a Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. deficiency judgment …

    Law dictionary

  • 3deficiency judgment — deˈficiency ˌjudgement , deficiency judgment noun [countable] LAW a decision by a court that a borrower still owes money after the security for a loan is sold for less than the amount owed * * * deficiency judgment UK US (US ► LAW a judgment in a …

    Financial and business terms

  • 4Law for the Prevention of Hereditarily Diseased Offspring — Law for the Prevention of Genetically Diseased Offspring (Gr. Gesetz zur Verhütung erbkranken Nachwuchses ) or Sterilization Law was a statute in Nazi Germany enacted on July 14, 1933, which allowed the compulsory sterilization of any citizen who …

    Wikipedia

  • 5deficiency judgment — n. Law a judgment in favor of a mortgagee for the remainder of a debt not completely cleared by foreclosure and sale of the mortgaged property …

    English World dictionary

  • 6deficiency judgment — Law. a judgment in favor of a creditor who has not satisfied the full amount of a claim against a debtor. * * * …

    Universalium

  • 7Deficiency judgment — A deficiency judgment is an unsecured money judgment against a borrower whose mortgage foreclosure sale did not produce sufficient funds to pay the underlying promissory note, or loan, in full. [1] The availability of a deficiency judgment… …

    Wikipedia

  • 8deficiency — A lack, shortage, or insufficiency. The amount by which the tax properly due exceeds the sum of the amount of tax shown on a taxpayer s return plus amounts previously assessed or collected as a deficiency, less any credits, refunds or other… …

    Black's law dictionary

  • 9deficiency — A lack, shortage, or insufficiency. The amount by which the tax properly due exceeds the sum of the amount of tax shown on a taxpayer s return plus amounts previously assessed or collected as a deficiency, less any credits, refunds or other… …

    Black's law dictionary

  • 10Deficiency — A deficiency is generally a lack of something. It may also refer to: A deficient number, in mathematics, a number n for which σ(n) < 2n Angular deficiency, in geometry, the difference between a sum of angles and the corresponding sum …

    Wikipedia