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Synonyms for Shortfall: incompleteness (noun) curtailment, deficiency, deficit, discontinuity, fraction, fragmentation, gap, hiatus,
What is a 'Shortfall'. A shortfall is the amount by which a financial obligation or liability exceeds the amount of cash that is available. A shortfall can be temporary in nature, arising out of a unique set of circumstances, or it can be persistent, in which case it may indicate poor financial management practices.