the quantity or extent by which something falls short; deficiency; shortage.
the act or fact of falling short.

1890–95; short + fall; from verb phrase fall short Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
shortfall (ˈʃɔːtˌfɔːl)
1.  failure to meet a goal or a requirement
2.  the amount of such a failure; deficiency: a shortfall of £30m

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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Example sentences
One aid shortfall that the film focuses on is provision of latrines.
We'll take profits today and use future income to cover the shortfall.
The economic shortfall can not be continued as or credit line is becoming
There is no reason to think that more sugar cane will not be grown to make up
  for any shortfall created by plastics production.
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