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Shortfalls

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.

📖 Definitions of "Shortfalls"

noun
  1. 1

    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. 2

    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.

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