Advanced English Word of the Day

Definitions

English > English
shortfall
1. n. 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.
2. n. 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.

Example Sentences

A budget deficit will occur because of a revenue shortfall.

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