Definition, Meaning & Synonyms
shortfall
noun
/ˈʃɔːrtˌfɔːl/
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Definition
A shortfall refers to the amount by which something falls short of a required or expected level.
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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.
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Meaning
It is the difference between what was planned or needed and what is actually available or achieved.
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Synonyms
- deficit
- gap
- shortcoming
- insufficiency
- lack