accumulated deficit
noun[C,usually singular]
ACCOUNTINGukus(alsoaccumulated loss)alossthat acompanykeepsinitsaccountsfrom oneaccountingperiodto the next andaddsto a newlossortakesaway from aprofit:
Theannualaccountsshow thecompanyranup adeficitof £48,933 in theyearendingDecember31, takingitsaccumulateddeficitto £76,687.