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shortage

[shawr-tij] /ˈʃɔr tɪdʒ/
noun
1.
a deficiency in quantity:
a shortage of cash.
2.
the amount of such deficiency.
Origin
1865-1870
1865-70; short + -age
Related forms
preshortage, noun
Synonyms
1. lack, want, scarcity.
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Based on the Random House Dictionary, © Random House, Inc. 2014.
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British Dictionary definitions for preshortage

shortage

/ˈʃɔːtɪdʒ/
noun
1.
a deficiency or lack in the amount needed, expected, or due; deficit
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word Origin and History for preshortage

shortage

n.

1862, American English, from short + -age.

Online Etymology Dictionary, © 2010 Douglas Harper
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preshortage in Culture

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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