# Defects (deficit)

- Canonical URL: https://www.gerhardmerk.de/defects-deficit
- Post ID: 590796
- Modified: 2023-07-25T20:58:59+00:00
- Language: en

## Definition

In the financial sector, shortfalls in the actual amount of cash or securities compared with the debit amount in the accounts. The main reasons for this are infidelity (fraud, embezzlement, forgery on the part of staff), error, neglect of duty, and theft. - See shortage, compliance, depeculation, financial fidelity, financial rogue, money embezzlement, risk, banking, undertunneling, embezzlement. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 1.1.1