Shortfall

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Shortfall

The amount by which an obligation or liability that is due exceeds one's ability to pay. For example, if a company has a $5,000 payroll for a given two week period, but only has $4,200 in its checking account, the company has a shortfall of $800. Obviously, shortfalls are causes of significant concern and can force an individual or company to borrow money to pay the obligation or liability. See also: Budget.
References in periodicals archive ?
However the CCB was recapitalised by a 1,5 billion capital injection by the Cyprus government, while Bank of Cyprus proceeded with a e1/41 billion capital raise, which offset the capital shortfalls.
Wales fares better where shortfalls have declined from pounds 46 to pounds 39 over the same period.
However, DHS has done little at the department level, and individual components' approaches to addressing foreign language needs and capabilities and assessing potential shortfalls have not been comprehensive.
The board's action came in the wake of a new NLC report projecting the municipal sector will face budget shortfalls combined with cuts in state aid to range between $56 billion and $83 billion over the next three years.
In the example above, the $10,000 shortfall in income from the unitrust amount would not be tracked for John, but future payments would be dependent each year on the amount of income generated.
95 billion) cash shortfall from the two-year delivery delays disclosed last month, of which EUR4.
As I reviewed your request, it became apparent that these shortfalls could not be explained in light of the significant funding already dedicated to this project; funding that includes ground lease payments, federal funding, and nearly $1 billion in insurance proceeds," Thompson responded in his August 16 letter.
The research found that the predicted shortfalls ranged from pounds 0.
The British Medical Association said that three out of four NHS trusts in England were facing a cash shortfall.
Shortfalls are highest in London and the south, reflecting the bigger home loans people in these regions have, with homeowners in these regions likely to have to find an extra pounds 7,871 and pounds 7,292 respectively, according to endowment specialist Seeing Red.
Since Mayor James Hahn took office in 2001, Los Angeles has gone from a budget surplus to a budget shortfall that's projected to reach nearly $300 million next year - a dangerous trend that has prompted top bureaucrats to call for drastic measures that could lead to higher fees and further cuts in public services.
com says homeowners with the average shortfall of pounds 13,000 paying a standard rate of 5.