shortfall
The company reported a shortfall in its quarterly revenue.
The company did not meet its expected revenue target.
A deficiency or failure to meet a required amount or level.
The government announced a budget shortfall of $500 million.
The government's spending exceeded its revenue by $500 million.
Commonly used in financial and business contexts to describe unmet targets or deficits.
A lack or insufficiency of something needed or expected.
There was a shortfall in the number of volunteers for the event.
Not enough people signed up to volunteer for the event.
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Related Phrases
Pro Tip
Formal Usage
Use 'shortfall' in professional or formal contexts, such as financial reports or business meetings.
Gold Rule
Precision
Ensure 'shortfall' is used to describe a specific, measurable deficiency rather than a vague lack.
Word Origin
From 'short' (insufficient) + 'fall' (decline or failure to meet). First recorded in the mid-16th century.
Usage Notes
Often used in formal contexts, particularly in finance and business. Can also refer to a general lack of something.