Phrases with «income shortfall»

The phrase "income shortfall" means not having enough money or earnings to meet your expenses or financial obligations. It refers to a situation where the income or money you have is not sufficient to cover all your needs and financial responsibilities. Full definition

Sentences with «income shortfall»

  • You will need to show the bank that you have a monthly income shortfall, or not enough money to cover your expenses including your mortgage. (houserebate.com)
  • Borrowers who have only a short - term temporary income shortfall may be better off seeking an economic hardship deferment. (finaid.org)
  • For our example, we'll assume no pension, so we subtract the $ 20,000 in Social Security benefits from the $ 42,000 required retirement income leaving us with an annual retirement income shortfall of $ 22,000 (in today's dollars). (kevinoninvesting.com)
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