M&E Fee. The M&E fee is an acronym that refers to the mortality and expense fee. This fee is charged by the insurance company and it is intended to cover the cost of death benefits (the âmortalityâ portion) and the expenses of other insured income guarantees that might be included with the annuity contract.
What is a 'Shortage'. A shortage is a situation in which demand for a good or service exceeds the available supply. Possible causes of a shortage include miscalculation of demand by a company producing a good or service, resulting in the inability to keep up with demand, or government policies such as price fixing or rationing.
In economics, demand is the quantity of a commodity or a service that people are willing or able to buy at a certain price. The relationship between price and quantity demanded is also known as demand curve. Preferences and choices, which underly demand, can be represented as functions of cost, benefit, odds and other variables.