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entity go
that which is perceived or known or inferred to have its own distinct existence (living or nonliving)

abstraction, abstract entity go
a general concept formed by extracting common features from specific examples

relation go
an abstraction belonging to or characteristic of two entities or parts together

possession go
anything owned or possessed

liabilities go
anything that is owed to someone else

deficit go
an excess of liabilities over assets (usually over a certain period)

budget deficit
an excess of expenditures over revenues

noun.possession

1 Subcategories

federal deficit go
an excess of the federal government's spending over its revenue