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shortfall
/ˈʃoɚtˌfɑːl/
US
UK
noun
plural -falls
[count] formal :a failure to get what is expected or needed
a
shortfall
in
milk
production
profit
shortfalls
We
had
a
budget
shortfall. [=
our
costs
were
higher
than
the
available
amount
of
money
]
also
; :
the
amount
of
such
a
failure
a
$2
million
shortfall =
a
shortfall
of
$2
million
[=$2
million
less
than
is
needed
]