preshortage

shortage

[shawr-tij]
noun
1.
a deficiency in quantity: a shortage of cash.
2.
the amount of such deficiency.

Origin:
1865–70; short + -age

preshortage, noun


1. lack, want, scarcity.
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Collins
World English Dictionary
shortage (ˈʃɔːtɪdʒ)
 
n
a deficiency or lack in the amount needed, expected, or due; deficit

Collins English Dictionary - Complete & Unabridged 10th Edition
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American Heritage
Cultural Dictionary

shortage definition


A condition that exists when demand exceeds supply because of a lack of equilibrium in a market. If a price is artificially low, buyers want to buy more of a good than sellers are willing to sell. (Compare surplus.)

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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