0 an amount that is less than the level that was expected or needed:
2 the difference between the amount of something, especially money, that you have and the amount that you need:
a shortfall of sth The state is facing a budget shortfall of $1.75 billion for the fiscal year.
a shortfall in sth The organization is grappling with a major shortfall in its final salary pension scheme.
a shortfall on sth I recently received notification of a potential shortfall on my low-cost endowment.
However, stochastic locations of 20 microsatellites on six chromosomes of greatly differing sizes could also contribute to the shortfall in number of linkage groups.
Revenue shortfalls in the basic pension system also exacerbated central budget deficits as the state absorbed higher proportions of program financing.
Shortfall was measured relative to the real (indexed) value of the liabilities.
Specifically, any shortfall or surplus in the government budget is made up by a lump-sum tax on household incomes, while nominal household savings remain fixed.
This paper has gone some way towards filling this shortfall.
They calculate a personal probability of consumption shortfall and show that it is substantial, particularly for high-entry ages.
The housing shortfall was exacerbated by the demolition of properties to widen roads and create new market areas.
As well as the quantitative shortfalls, there are concerns about the quality of many older people's services.