Shortage definition

Shortage means that a grain dealer does not have a sufficient amount of farm produce by class and quality to cover the grain dealer's outstanding warehouse receipt obligations for that farm produce.
Shortage means that supply of a medicinal product for human use or a medical device does not meet demand for that medicinal product or medical device;
Shortage shall have meaning set forth in Section 4.5.

Examples of Shortage in a sentence

  • Areas can become designated as Health Professional Shortage Areas (HPSAs) due to very low ratios between the number of providers and an area's population.

  • In which case the summer MWV will fall to zero.• Shortage will only occur if the reservoir manager, who knows the future situation perfectly at the beginning of winter, realises that winter inflows will be so low that they will not be able to sustain the minimum release necessary to meet the LDC, right across winter.

  • Shortage of real estate supply: Unlike mature economies where market forces ensure that supply of new houses overcomes any shortfall within a reasonable period, the Saudi market is very different.

  • Shortage of Academic Staff in the Higher Institution of Learning in Nigeria.

  • Participants receiving service under the New Large Load Direct Access program must also pay an Existing Load Shortage Transition Adjustment on the sum of the Existing Load Shortage for the participant and the Existing Load Shortage of all of the participant's affiliated consumers.


More Definitions of Shortage

Shortage means that a warehouse operator does not have in his or her possession sufficient commodities at each of his or her stations to cover the outstanding warehouse receipts, scale weight tickets, or other evidence of storage lia- bility issued or assumed by him or her for the station.
Shortage. , in this context, means that Baxter has not sent Purchaser the complete quantities of Product(s) ordered and invoiced.
Shortage means a situation in which the supply of a medicinal product that is authorised and placed on the market in a Member State does not meet the demand for that medicinal product in that Member State.
Shortage means the amount by which the oil or gas legally produced and either sold or removed from the premises is less than the allowable.
Shortage means any difference between the stated value on the Deposit Ticket and the actual value of the contents of any sealed shipment container. Likewise, LOOMIS shall not be liable to CUSTOMER for failure to render service if LOOMIS in its sole discretion determines the same may endanger the safety of CUSTOMER’s property or personnel or LOOMIS’ vehicles or employees.
Shortage means a situation in which the supply of a medicinal product that is authorised and placed on the market in a Member State or of a CE-marked medical device does not meet demand for that medicinal product or medical device at a national level, whatever the cause;
Shortage means that the quantity actually delivered from Abbott Nutrition to Customer was less than the quantity listed on the invoice.