From Longman Dictionary of Contemporary Englishshortfallshort‧fall /ˈʃɔːtfɔːl $ ˈʃɔːrtfɒːl/ ●○○ noun [countable] ENOUGH#the difference between the amount you have and the amount you need or expect → deficitshortfall in Parents have been asked to pay £30 each to cover the shortfall in the budget.shortfall of an estimated shortfall of about £1 million
Examples from the Corpus
shortfall• The center had projected a $38,000 shortfall for its $6.47 million budget.• He, himself, did not identity a shortfall in March 1992, the context for determining that appeal then.• It follows the discovery of a shortfall in the Anfield books which was spotted by the club accountant.• However, there is still a shortfall of £500,000 which has to be found before negotiations can be concluded.• Government aides predicted a $4 billion budget shortfall for this year.• Its shortfall is in dealing with individuals, patients and physicians say.• We've had to trim our budget to compensate for a $1.5 million shortfall in revenue.• This compares with a $ 1. 5 million shortfall last year.• He noted that the city is facing a possible $ 50 million shortfall.• The districts affected by the drought will face a predicted shortfall of 7.5 million gallons a day.• a 3% production shortfall• A DoH spokeswoman is confident that last year's 50 percent increase will help accommodate this year's shortfall.• Cirrus had warned analysts to expect a significant shortfall.From Longman Business Dictionaryshortfallshort‧fall /ˈʃɔːtfɔːlˈʃɔːrtfɒːl/ noun [countable] a difference between the amount that you have and the larger amount you need or expecta $300 million budget shortfallshortfall in/ofA shortfall in oil supplies worldwide precipitated the price rise. 