What is the meaning of Deficiency?

Deficiency is the difference between the balance outstanding on a loan and proceeds from the sale of the loan collateral.

Barry Goldsmith
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APABarry Goldsmith. (2010). deficiency. Retrieved September 22, 2026, from http://smartdefine.org/deficiency/definitions/1151732
ChicagoBarry Goldsmith. 2010. "deficiency" http://smartdefine.org/deficiency/definitions/1151732 (accessed September 22, 2026).
HarvardBarry Goldsmith 2010, deficiency, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/deficiency/definitions/1151732>.
MLABarry Goldsmith. "deficiency" 21 October 2010. Web. 22 September 2026. <http://smartdefine.org/deficiency/definitions/1151732>
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