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Shortage
In economics, a shortage or excess demand is a situation in which the demand for a product or service exceeds its supply in a market. It is the opposite of an excess supply (surplus).
Wikipedia
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Lack (noun)
A defect or failing; moral or spiritual degeneracy.
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Lack (noun)
A deficiency or need (of something desirable or necessary); an absence, want.
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Lack (verb)
To be without, to need, to require.
“My life lacks excitement.”
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Lack (verb)
To be short (of or for something).
“He’ll never lack for company while he’s got all that money.”
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Lack (verb)
To be in want.
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Lack (verb)
To see the deficiency in (someone or something); to find fault with, to malign, reproach.
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Shortage (noun)
A lack or deficiency; an insufficient amount.
Wiktionary
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