Meaning of “fall behind” in the English Dictionary

"fall behind" in Business English

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fall behind

phrasal verb with fall uk /fɔːl/ us verb fell, fallen

[ I ] FINANCE to not make a regular payment at the time you should:

fall behind with sth We started to fall behind with our mortgage payments when my husband lost his job.

[ I or T ] to not finish work at the time you planned or promised to finish it:

fall behind by three weeks/six months/10 days, etc. Severe weather conditions caused the construction project to fall behind by over three months.
If we fall behind schedule we may lose the contract.

[ I or T ] to not make as much progress as someone else:

Companies that failed to modernize fell behind quite dramatically.

(Definition of “fall behind” from the Cambridge Business English Dictionary © Cambridge University Press)