Meaning & Definition of word "Shortage"

Shortage

/ˈʃɔːtɪdʒ/

noun:

  • 1. A situation in which there is not enough of something that is needed.
    • Example: There is a shortage of clean drinking water in many parts of the world.
  • 2. The insufficient quantity or supply of a commodity.
    • Example: The shortage of skilled workers is affecting the construction industry.
  • 3. A deficit or lack of something required.
    • Example: The company faced a shortage of funds, which delayed the project.
  • 4. A condition in which a product or service is not available for sale.
    • Example: Due to the pandemic, there has been a shortage of certain medical supplies.
  • 5. A scarcity of resources or basic commodities.
    • Example: The drought has led to a severe shortage of food supplies in the region.

Etymology

From short + -age; originated in the 14th century.

Common Phrases and Expressions

shortage of supply:

A situation where goods are not available in sufficient amounts.

labor shortage:

A situation in which employers cannot find enough workers to fill job openings.

shortage economy:

An economic condition characterized by the lack of certain goods or services.

Related Words

scarcity:

The state of being in short supply.

deficit:

The amount by which something is too small.

insufficiency:

The condition of being inadequate.

Slang Meanings of shortage

Meaning: Food scarcity

Example Sentence: During the crisis, there was a real food scarcity.

Meaning: Stock out

Example Sentence: The store had a stock out of the new video game due to high demand.