SHORTFALL

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For example, a temporary shortfall for a small company may arise when an accident at its production facility impedes output and revenues in a particular month. In this case, the company may resort to short-term borrowings to meet payroll and other operating expenses.

A typical long-term shortfall is the pension shortfall faced by many organizations whose pension obligations exceed the return they can generate from their pension assets. This situation generally occurs when returns from equity markets are well below average.

Shortfall risk can be mitigated through the use of efficient hedging strategies, which aim to offer protection from adverse price movements. As an example, resource companies often sell part of their future output in the forward market, especially if they are expecting to incur substantial capital expenditures in future. Such hedging helps to ensure that the finances required for a future financial obligation are available.

shortfall

A dollar realization on assets that is not sufficient to clear the debt completely. (Dictionary of Canadian Bankruptcy Terms)

United Glossary of Bankruptcy Terms2012.

2) невыполнение плана выпуска продукции

- shortfall of pay increases

- shortfall of savings

- spending shortfall

- supply shortfall

• Deficiency

• Deficiency (and an alternate title for this puzzle)

• The property of being an amount by which something is less than expected or required