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What does underperformance mean?

Looking for the meaning or definition of the word underperformance? Here's what it means.

Noun
  1. The state or quality of underperforming
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The significant underperformance of the economy and the growing fiscal deficit suggests that balancing the budget will be the primary focus of the incoming government.
This will allow us to address underperformance and safeguarding in English schools long before they make their way to Whitehall.
The foreign equity component of the Fund was the major detractor from returns due to underperformance within energy holdings BP and Transocean.
Over-optimistic forecasts, coupled with underperformance, have long been a GM bugaboo.
The current PAS format is a reasonable tool to identify and address staff development needs and chronic underperformance.
He added that the independent retail sector must continually invest in training and recognise areas of underperformance to increase profitability and business development.

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