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shortfall




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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