short·com·ing

[shawrt-kuhm-ing]
noun
a failure, defect, or deficiency in conduct, condition, thought, ability, etc.: a social shortcoming; a shortcoming of his philosophy.

Origin:
1670–80; short + coming


fault, flaw, failing, weakness.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
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Collins
World English Dictionary
shortcoming (ˈʃɔːtˌkʌmɪŋ) [Click for IPA pronunciation guide]
 
n
a failing, defect, or deficiency

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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00:10
Shortcoming is a GRE word you need to know.
So is amortize. Does it mean:
action to produce future advantage, chess sacrifice
To liquidate or extinguish a mortgage, debt, or other obligation, esp. by periodic payments to the creditor or to a sinking fund.
Etymonline
Word Origin & History

shortcoming
1680, from the phrase to come short "be inadequate" (1579); see short (adj.).
Online Etymology Dictionary, © 2010 Douglas Harper
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Example sentences
Although this line of research yielded some major insights, it had an obvious
  shortcoming.
Another shortcoming is that the definition of a coastal county is somewhat
  problematic.
The shortcoming is not with our brains, its with our languages.
However, for all its strengths, measurements have a shortcoming.
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