Business terms starting with M

181 terms

Maine State Housing Authority (MSHA) A mortgage program available only to first-time homebuyers within the State of Maine . Income limitations are applicable.
maintenance costs The cost of the upkeep of the house. These costs may be minor in cost and nature (replacing washers in the faucets) or major in cost and nature (new…
Majority-owned foreign affiliate See Majority-owned foreign affiliate (MOFA)
Majority-owned foreign affiliate (MOFA) A foreign affiliate in which the combined ownership of all U.S. parents exceeds 50 percent. Related terms: Foreign parent, U.S. affiliate.
Majority-owned foreign affiliates See Majority-owned foreign affiliate (MOFA)
Majority-owned U.S. affiliate A U.S. affiliate in which the combined ownership of all foreign parents exceeds 50 percent. Related terms: Foreign affiliate, U.S. parent.
Majority-owned U.S. affiliates See Majority-owned U.S. affiliate
Make a market A dealer who specializes in a specific security, such as a bond or stock, is said to make a market in that security.
Make table A table in the input-output (I-O) accounts. The make table shows the production of commodities by industries.
Make tables See Make table
Managed account A managed account is a portfolio of stocks or bonds chosen and managed by a professional investment manager who makes the buy and sell decisions.
management company The business entity that establishes, promotes and manages a fund or funds.
management expense fee The sum paid to the investment company's advisor or manager for supervising its portfolio and administering its operations.
management expense ratio A measure of the total cost of operating a fund as a percentage of average total assets.
Management fee A management fee is the percentage of your account value that an investment company or manager charges to handle your account.
Mandatory Delivery Commitment An agreement that a lender will deliver loans or securities by a certain date at agreed-upon terms.
Mandatory Purchase Under the provisions of the Flood Disaster Protection Act of 1973, individuals, businesses, and others buying, building, or improving property located in…
Mansard A roof having a double slope on all four sides, the lower slope being much steeper.
Manufactured (Mobile) Home A structure, built on a permanent chassis, transported to a site in one or more sections, and affixed to a permanent foundation.
Manufactured home Manufactured homes are homes made or manufactured in a factory and designed to be transported to a site.
Manufactured Housing Homes that are built entirely in a factory in accordance with a federal building code administered by the U.S.
Margin See Margin, or margin costs
Margin Account Arrangement with a broker or financial institution permitting a customer to borrow in order to cover the cost of investment purchases.
Margin call To protect the margin loans they make, brokers issue a margin call if your equity in your margin account falls below the required maintenance level of at…
Margin costs See Margin, or margin costs
margin debt The difference between the collateral deposited by the client and the amount borrowed (currently a maximum of 50 percent of the current market value of…
Margin requirement The margin requirement is the minimum amount the Federal Reserve, in Regulation T, requires you to deposit in a margin account before you can trade…
Margin, or margin costs The value of the trade services provided in delivering commodities from producers' establishments to purchasers, where the purchaser pays for the services.
Marginal tax rate Because the US income tax system is progressive, your tax rate rises as your taxable income rises through two or more tax brackets.
Mark to the market When an investment is marked to the market, its value is adjusted to reflect the current market price.
Markdown A markdown is the amount a broker-dealer earns on the sale of a fixed-income security and is the difference between the sales price and what the seller…
Market Traditionally, a securities market was a place - such as the New York Stock Exchange (NYSE) - where members met to buy and sell securities.
Market capitalization Value of a corporation as determined by the market price of its issued and outstanding securities.
Market cycles Market cycles are the recurrent patterns of expansion and contraction that characterize the securities and real estate markets.
market economy An economic system based on private enterprise that rests upon three basic freedoms: freedom of the consumer to choose among competing products and…
Market maker A broker-dealer who is prepared to buy or sell a specific security - such as a bond or at least one round lot of a stock - at a publicly quoted price, is…
Market order An order to buy or sell a security immediately at the best possible price.
Market Price The price at which a security trades (i.e. could be purchased or sold) in the secondary market.
Market risk Market risk, also known as systematic risk, is risk that results from the characteristic behavior of an entire market or asset class.
Market timing Market timing means trying to anticipate the point at which a market has hit, or is about to hit, a high or low turning point, based on historical…
Market Value The price that the market - any market - sets at a particular time as the price at which an asset can be bought or sold.
Marketing Group of related business activities aimed at satisfying the demand for goods and services.
Marking to Market Process of determining the value of an asset based upon the going market rate for like assets on any given day.
Markup When you buy securities from a broker-dealer or market maker, you pay a markup.
Married Filing Joint filing status You are married and both you and your spouse agree to file a joint return. (On a joint return, you report your combined income and deduct your combined…
Married Filing Separate filing status You must be married. This method may benefit you if you want to be responsible only for your own tax or if this method results in less tax than a joint…
mass tax A broad tax that affects a majority of taxpayers.
Master Plan The term has two meanings: 1) a permit type issued to large residential or commercial buildings that sets a building-wide standard for future changes that…
Master's or higher degree in a specialty related to the intended employment Master's or higher degree in a specialty related to the intended employment means a foreign academic degree from an institution which is accredited or…
Match Either an exact or approximate replication. If not an exact replication, the approximate replication shall be so designed as to achieve a suitable…
Matching contribution A matching contribution is money your employer adds to your salary reduction retirement savings account, such as a 401(k).
Material Advisor Any person who: Provides any material aid, assistance, or advice with respect to organizing, managing, promoting, selling, implementing, insuring, or…
Material fact Material fact means a significant item of information on the LCA, such as: the number of H-1B workers sought; the occupational classification for the…
Material misrepresentation A significant misstatement in an application form. If a company had access to the correct information at the time of application, the company might not…
Materials The substances used to fabricate the various elements and details of a building
Matrix trading Matrix trading occurs when the yield spread between two categories of bonds with different levels of risk is temporarily inconsistent with what that…
Mature tree Any tree with a trunk diameter of 12" or greater.
Maturity The date on which the principal balance of a loan, bond, or other financial instrument becomes due and payable.
Maturity Date The date as of which the principal of and interest on a security become due and payable.
MCCC-1 Annual notification/reporting form required under Title 9-A M.R.S.A.§6-202 for all creditors conducting Maine consumer credit business.
Mechanical equipment Includes, but not be limited to, heating, venting and air conditioning equipment, water tanks and their supporting structures, satellite dishes, stair and…
Media Any organization in the business of informing the public with news or commentary.
Median Price The price of the house that falls in the middle of the total number of homes for sale in that area.
Mediation Mediation is an informal, voluntary method of resolving disputes, in which the parties in conflict meet with a trained, independent third party to come up…
Medicaid Medicaid is federal government program run by the individual states. It's designed to provide assistance to people who can't afford skilled or custodial…
Medical Benefits This pays medical bills for you and others covered on your policy regardless of fault. The minimum limit is $5,000 of coverage.
Medical Payment Coverage that pays for limited medical expenses if you, a member of your family, or a passenger in your car is hurt in a car accident.
Medical payments and personal injury protection (PIP) Both pay limited medical and funeral expenses if you, a family member, or a passenger in your car is injured or killed in a motor vehicle accident.
Medicare Medicare is a federal government insurance program designed to provide healthcare coverage for people 65 or older, certain disabled people, and people…
Medicare tax Used to provide medical benefits for certain individuals when they reach age 65.
Medium Term Notes Unsecured general obligations of Fannie Mae with maturities of one day or more and with principal and interest payable in U.S. dollars.
Meeting rail A sash rail in a double-hung window designed to interlock with an adjacent sash rail.
member Member means any person who has been admitted to membership in the Connecticut credit union in accordance with state law.
Membership fee See annual fee.
merchant banking Merchant banking is a form of fee-based banking where the bank arranges credit financing, but does not hold the loans in its investment portfolio to…
Merged Credit Report A credit report issued by a credit reporting company that combines information from the three major credit repositories.
Merger When two or more companies consolidate by exchanging common stock, and the resulting single company replaces the old companies, the consolidation is…
Metropolitan Division (MD) A metropolitan division is a subset of an MSA having a single core with a population of 2.5 million or more.
Metropolitan Statistical Area (MSA) For purposes of HMDA, the term is interchangeable with "metropolitan area." The underlying concept of an MSA is that of a core area containing a large…
Metropolitan Statistical Area (MSA) / Metropolitan Division (MD) An area that has at least one urbanized area of 50,000 or more population, plus adjacent territory that has a high degree of social and economic…
Micro-cap stock A micro-cap stock is one with a smaller market capitalization - sometimes much smaller - than stocks described as small-caps.
Mid-capitalization (mid-cap) stock A mid-cap stock is one issued by a corporation whose market capitalization falls in a range between $2 billion and $10 billion, making it larger than a…
Minimally Visible Refers to any rooftop addition which when viewed from any public thoroughfare, projects into the maximum line of sight from such public thoroughfare by…
Minimum Amount to Open The minimum initial deposit required to open the account described.
Minimum Balance The amount of money required to be on deposit in an account to qualify the depositor for special services or to waive a service charge.
Minimum Balance Required The balance in the account from day-to-day must average this amount when calculated.
Minimum finance charge A minimum finance charge is a fee collected by a credit card issuer each billing period.
Minimum interest charge The minimum amount of interest you will be charged if you are charged any interest. For example, if your total interest charge is $0.
Minimum Payment The minimum dollar amount that must be paid each month on a loan, line of credit, or other debt.
Minimum required distribution (MRD) A minimum required distribution is the smallest amount you can take each year from your retirement savings plan once you've reached the mandatory…
Minor Child A son or daughter who is under a state's age of legal competence, which is age 18 in most states.
Minority interest All shareholders whose combined shares represent less than half of the total outstanding shares issued by a corporation have a minority interest in that…
Misrepresentation Misrepresentation is a statement that was false at the time it was made.
Missing Payment A payment that has been made but not credited to the appropriate account.
Mitigation Term usually used to refer to various changes or improvements made in a home; for instance, to reduce the average level of radon.
Mitigation Division A division under FEMA that manages the NFIP and oversees FEMA’s mitigation programs.
mobile branch Mobile branch means any office of a Connecticut bank at which banking business is conducted which is in fact moved or transported to one or more…
Mobile home To be eligible for coverage under the National Flood Insurance Program, a mobile home must be on a permanent foundation and meet specific anchoring…
Modern portfolio theory In making investment decisions, adherents of modern portfolio theory focuses on potential return in relation to potential risk.
Modification Any change to the terms of a mortgage loan, including changes to the interest rate, loan balance, or loan term.