'deficit' originates from Latin, specifically the word 'deficere,' where 'de-' meant 'down' and 'facere' meant 'to do or make.'

'deficere' transformed into the French word 'déficit,' and eventually became the modern English word 'deficit' through Middle English.

Initially, it meant 'to fail or be lacking,' but over time it evolved into its current meaning of 'a shortfall or deficiency.'