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See also: short-fall
short + fall, from the verb phrase fall short.
shortfall (plural shortfalls)
- An instance of not meeting a quota, debt, or monthly payment on a debt or other obligation, or of having an insufficient amount to cover such obligations.
- Due to a shortfall in revenue, we will have to make some cuts.
- The amount by which a quota, debt, or monthly payment on a debt or other obligation is missed; the difference between the actual quota or debt and the lesser amount available to pay such obligations.
instance of not meeting a quota or of having an insufficient amount