shortfall

/ˈʃɔːtfɔːl/ noun [C]

Definition

› 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. make up/cover/meet a shortfall a pension/funding/budget shortfall

(Definition of shortfall noun from the Cambridge Business English Dictionary © Cambridge University Press)