Shortfall: Canada Debt .ca defines Shortfall

Bankruptcy Term Shortfall

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Canada Debt has the definition to the bankruptcy and debt term Shortfall. Finding answers to terms such as Shortfall can be difficult, especially if there is more than one definition which is why we have created a page dedicated to financial terms dealing exclusively with debt. Shortfall in financial terms means...

In debt and bankruptcy terms, the phrase / term 'Shortfall' is used as follows:

A dollar realization on assets that is not sufficient to clear the debt completely.