Longman Dictionary of Contemporary English homepage

shortfall

 noun
     
short‧fall [countable]
the difference between the amount you have and the amount you need or expect
shortfall in
Parents have been asked to pay £30 each to cover the shortfall in the budget.
shortfall of
an estimated shortfall of about £1 million
Definition from the Longman Dictionary of Contemporary English
Advanced Learner's Dictionary.
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