deficiency suitglossary / DEFICIENCY SUIT deficiency suit. An action to recover the difference between a mortgage debt and the amount realized on foreclosure. See deficiency judgment under JUDGMENT. [Cases: Mortgages 561. C.J.S. Mortgages § 949.] 词条贡献者 法律翻译Jian,毕业于新加坡知名法学院,专注翻译各类与证券诉讼有关的法律文件。