Shortfall


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Related to Shortfall: Shortfall risk

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 ?
Ultimately, Van Buren Township taxpayers could be responsible for the unpaid shortfall if Visteon does not accept or is not compelled by the Court to uphold its responsibility.
The Bank announced it will proceed with a capital raise via a rights issue, to cover the capital shortfall that emerged from the exercise.
This shortfall could very well jeopardize, compromise the projected TAPI (Turkmenistan-Afghanistan-Pakistan-India) gas project.
Yorkshire and Humberside saw the biggest reduction in the average monthly shortfall, with a drop of more than 85%, down to pounds 22 from pounds 161 in January.
G4S stated that the shortfall was mainly due to the failure to take account of the fact that large parts of their workforce would be unable to begin work before July 27.
The recent Placement and Rights Issue which was announced on 31 August 2010, together with the placement of the Shortfall Shares, have raised approximately A$3.
Based on the latest statistics that the Company has for 2010, the Company believes that this shortfall may reach 3 million metric tons of sugar for 2010.
Baltimore: $127 million shortfall, likely resulting in a next round of layoffs and furloughs after already having eliminated more than 500 positions.
Meanwhile, Hartlepool PCT faces a pounds 250,000 shortfall, Redcar & Cleveland PCT faces a pounds 150,000 shortfall, Gateshead a shortfall of pounds 600,000 and North Tees faces an pounds 800,000 shortfall.
Further assume that the cumulative payment shortfall from the unitrust amount over the previous nine years is $1 million.
Another place to look for a shortfall is in the submeter calculations.
8% of directors said that their trust was facing a funding shortfall in the current financial year.