shortage
Definition
Situation where the quantity available or supplied in a market falls short of the quantity demanded or required at a given time or price.
email to a friend
print this definition
cite this definition
link to this page
shortage is in the Economics, Politics, & Society subject.
shortage appears in the definitions of the following terms:
excess quantity demanded,
backwardation,
buffer stock,
trace elements,
acceptance of shipment,
total acquisition cost (TAC),
futures market,
forward procurement,
inventory turnover,
overage
and
shortage appears in these other term: shortages costs
This content can be found on the following page:
http://www.businessdictionary.com/definition/shortage.html