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.
Defined. Offline Version: PDF. Term shortage Definition: A condition in the market in which the quantity demanded is greater than the quantity supplied at the existing price. A shortage occasionally goes by the terms excess demand and sellers' market. A shortage causes an increase in the equilibrium price.