- The definition of a shortfall is a shortage or an insufficient amount of something.
If you need 100 barrels of grain and you produce only 40, this is an example of a shortfall.
shortfall definition by Webster's New World
Webster's New World College Dictionary Copyright © 2010 by Wiley Publishing, Inc., Cleveland, Ohio. Used by arrangement with John Wiley & Sons, Inc.
the act or an instance of falling short, or the amount of the shortage
shortfall definition by American Heritage Dictionary
The American Heritage® Dictionary of the English Language, 4th edition Copyright © 2010 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
- A failure to attain a specified amount or level; a shortage.
- The amount by which a supply falls short of expectation, need, or demand.
shortfall - Business Definition
An amount that is less than anticipated. For example, a shortfall in the payment of receivables may cause a firm to secure a loan from the bank.