Definition, Meaning & Synonyms
shortfall
noun
/ˈʃɔːrtˌfɔːl/
Definition
A shortfall refers to the amount by which something falls short of a required or expected level.
Examples
- The project’s budget had a significant shortfall this year, leading to delays.
- After analyzing the sales reports, the company noticed a shortfall in expected revenue.
- The shortfall in resources made it difficult to complete the construction on time.
Meaning
It is the difference between what was planned or needed and what is actually available or achieved.
Synonyms
- deficit
- gap
- shortcoming
- insufficiency
- lack
