A dollar realization on assets that is not sufficient to clear the debt completely. (Dictionary of Canadian Bankruptcy Terms)
United Glossary of Bankruptcy Terms 2012.
Glossary of Bankruptcy.
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shortfall — short‧fall [ˈʆɔːtfɔːl ǁ ˈʆɔːrtfɒːl] noun [countable] a difference between the amount that you have and the larger amount you need or expect: • a $300 million budget shortfall shortfall in/of • A shortfall in oil supplies worldwide precipitated… … Financial and business terms
shortfall — 1895, from SHORT (Cf. short) (adj.) + FALL (Cf. fall) … Etymology dictionary
shortfall — [n] deficit; imperfection arrears, default, defectiveness, deficiency, flaw, inadequacy, incompleteness, insufficience, insufficiency, in the hole*, in the red, lack, loss, red ink*, shortage, shortcoming, underage; concepts 230,335,646,671,718 … New thesaurus
shortfall — ► NOUN ▪ a deficit of something required or expected … English terms dictionary
shortfall — [shôrt′fôl΄] n. the act or an instance of falling short, or the amount of the shortage … English World dictionary
Shortfall — 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 … Investment dictionary
shortfall — short|fall [ˈʃo:tfo:l US ˈʃo:rtfo:l] n the difference between the amount you have and the amount you need or expect shortfall in ▪ Parents have been asked to pay £30 each to cover the shortfall in the budget. shortfall of ▪ an estimated shortfall … Dictionary of contemporary English
shortfall — short|fall [ ʃɔrt,fɔl ] noun count a lack of something you need or want, or the amount that you lack: a severe budget shortfall of $3.8 million shortfall in/of: New foreign investments made up for the shortfall in dollar earnings … Usage of the words and phrases in modern English
shortfall — UK [ˈʃɔː(r)tˌfɔːl] / US [ˈʃɔrtˌfɔl] noun [countable] Word forms shortfall : singular shortfall plural shortfalls a lack of something that you need or want, or the amount that you lack a sudden shortfall in the supply of skilled labour … English dictionary
shortfall — noun Date: 1895 a failure to come up to expectation or need < a budget shortfall >; also the amount of such failure < a $2 million shortfall > … New Collegiate Dictionary