A comprehensive look at Member Banks within the Federal Reserve System, including their roles, benefits, and requirements.
A comprehensive examination of a Member Firm, a brokerage firm holding membership on a major stock exchange through an employee's name, its implications, historical context, and related terms.
The Chicago Mercantile Exchange (CME), commonly known as the MERC, is a prominent financial exchange for trading futures, futures options, and foreign currency futures contracts.
A Mercantile Agency provides businesses with credit ratings and reports, offering crucial financial information needed to assess the creditworthiness of potential and existing customers.
An extensive exploration of Mercantile Robbery Insurance, detailing its coverage for actual or attempted robbery of money, securities, or other property.
A comprehensive overview of merchandise allowance, offering detailed insights into the financial adjustments provided for goods returned due to poor quality or overstocking.
A Merchandise Broker acts as an agent for buyers and sellers of goods, negotiating sales and earning commissions without taking possession of the merchandise.
A detailed exploration of Merchant Banks, including their functions, historical context, types, and comparisons with other financial institutions.
Mergent, Inc. provides comprehensive business and financial information on publicly traded companies and fixed-income securities. Key products include Mergent Online, Mergent BondSource, and the Dividend Achiever Index series.
A detailed examination of mergers classified as Type A reorganizations, particularly focusing on the process, tax implications, legal requirements, and historical context.
An in-depth explanation of Meter Rate or Meterage, which is a charge assessed based on the amount shown on a meter. This concept is commonly applied in utility usage, where the user pays according to the consumption shown on the meter.
An intricate financial tool which sits in a company's capital structure, subordinated to senior debt yet superior to junior debt, and often blending debt and equity features.
Microcap stocks refer to shares of very small companies with market capitalizations typically below $250 million. These investments carry unique risks and opportunities.
A comprehensive overview of mid-cap stocks, their market capitalization range, characteristics, and investment considerations.
A comprehensive explanation of the midnight deadline, which signifies the end of a calendar day for various legal, financial, and transactional purposes.
MIL, also known as MILL, is a term used to express tax rates on a per-dollar basis. For example, a tax rate of 60 mills means that taxes are 6 cents per dollar of assessed valuation.
A comprehensive guide to the millage rate, a critical tax rate applied to property. Learn how each mill represents $1 per $1,000 of assessed property value, and how it impacts property taxes.
A comprehensive guide to understanding what it means to be a millionaire, including types, considerations, historical context, and applicability.
An in-depth exploration of the concept of 'Millionaire on Paper,' including the nature of non-liquid assets, examples, historical context, implications, and related terms.
A comprehensive guide to Mineral Lease agreements detailing the rights, obligations, and financial considerations involved in the extraction and sale of minerals, petroleum, and natural gas from a property.
A detailed insight into the Minimum Cost objective in economics, which is the cost optimization target of firms given different levels of output, analyzed through the firm's cost function.
An in-depth look at minimum lease payments, their role in accounting for capital leases, and the financial implications for lessees and lessors.
An overview of the minimum payment required on revolving charge accounts, its financial implications, and related considerations.
A financial condition occurring when the accumulated benefit obligation exceeds the fair value of plan assets in pension plans.
A detailed exploration of Minority Discount, a reduction from the market value of an asset due to minority interest owners' inability to direct business operations.
Detailing the concept of Minority Interest, where shareholders own less than half of the corporation, and its significant implications in the corporate world.
This entry explains the terms mint, mintage, and minting of money, highlighting the processes involved in the production of coinage, primarily by governmental bodies.
A comprehensive guide to understanding the concept of a Minus Tick, its significance in the stock market, and related terms like Downtick.
Miscellaneous Income refers to revenue that is unrelated to the main business operation and usually represents a smaller proportion of total revenue. An example is revenue from vending machines in an apartment complex.
Miscellaneous itemized deductions refer to job expenses and other miscellaneous expenses that are deductible by individual taxpayers but are not categorizable under specified major expense categories. These deductions are subject to specific limitations.
An overview of Multilevel Marketing (MLM), its structure, potential benefits, criticisms, and its relation to the concept of pyramiding.
MO can refer to Money Order, a financial instrument, or Modus Operandi, referring to operating method.
Modeling involves designing and manipulating mathematical representations to simulate economic systems or corporate financial applications for studying and forecasting the effect of changes.
Modern Portfolio Theory (MPT) is an investment portfolio decision approach that applies a systematic method of elevating rates of return while minimizing risk by including both risky and risk-free securities.
The Modified Accelerated Cost Recovery System (MACRS) is a method of depreciation introduced in 1986 to replace the Accelerated Cost Recovery System (ACRS). It provides for asset depreciation over prescribed periods using different methods such as the declining-balance for personal property and straight-line for real property.
An in-depth look at Modified Adjusted Gross Income (MAGI), how it differs from Adjusted Gross Income (AGI), and its significance in tax calculations.
Understanding the concept of momentum in various aspects such as economics, finance, and physics, including its historical context and practical applications.
A momentum player is a trader in the stock or commodities market who identifies a trend in the price movement of a security and rides the trend as long as it is profitable.
A detailed exploration of Monetarist economists who emphasize the centrality of money supply in influencing economic fluctuations. Understanding key principles, historical context, and prominent figures like Milton Friedman.
Monetary: Pertaining to money, money creation, money supply, and government management of money.
An in-depth overview of the Monetary Base, its composition, significance, and role in the economy. Includes definitions, historical context, examples, and related concepts.
An exploration of monetary items, focusing on their definitions, types, significance, and relationship to the general purchasing power of money.
An in-depth look at monetary reserves, including government's foreign currency and precious metals stockpile, and Federal Reserve Board's bank requirements.
An in-depth look at the methods and systems through which a government ensures the value and reliability of its currency.
Monetize the debt refers to the process of financing national debt by printing new money, which often leads to inflation.
An in-depth exploration of Money Center Banks, their significant role in global finance, their operations, and their influence on national and international markets.
A comprehensive guide to understanding the Money Demand Schedule, including the Asset and Transactions Demand for Money at varying GDP levels.
The Money Fund Report Average provides a weekly average of the yields of major Money Market Funds, offering insights into short-term investment performance.
Detailed explanation of money income, its contrasts with real income, and its implications.
A comprehensive analysis of money market funds, their composition, types, benefits, risks, and their role in financial markets.
A money order is a financial instrument that can be easily converted into cash by the payee named on the money order. Money orders list both the payee and the purchaser, known as the payor. They are issued by banks, telegraph companies, post offices, and travelers' check issuers to individuals presenting cash or other forms of acceptable payment.
A comprehensive overview of the concept of Money Supply, its types, and significance in Economics.
A comprehensive overview of the Money Supply, including M1, M2, and M3, their definitions, types, historical context, and applicability in economics and finance.
An in-depth analysis of a monopolist, the firm or individual who is the sole producer of a good, representing the entire market supply of that good, including its types, economic implications, and historical examples.
A comprehensive exploration of monopoly, its characteristics, implications, historical context, and legal considerations.
An in-depth exploration of the concept of Monopoly Price, its determination, implications, and comparison with competitive market prices.
A Monthly Investment Plan allows investors to put a fixed dollar amount into a specific investment each month, leveraging dollar cost averaging to build wealth over time.
An extensive overview of the Montreal Exchange, Canada's oldest stock exchange specializing in stocks, bonds, futures, and options trading.
An in-depth exploration of MOODY'S INVESTMENT GRADE ratings, their classifications, and implications for municipal short-term debt securities.
Moody's Investors Service, headquartered in downtown Manhattan, is one of the three major bond-rating agencies in the United States, alongside Fitch Ratings and Standard & Poor's.
Moral hazard refers to the increased risk-taking behavior of entities that believe they will be bailed out by the government or other institutions if their decisions lead to negative outcomes.
A moral obligation bond is a tax-exempt bond issued by a municipality or a state financial intermediary and backed by the moral obligation pledge of a state government. While the state's pledge is not legally binding, it carries significant weight.
Understanding how the Federal Reserve Board uses Moral Suasion to achieve compliance with its general policy.
A comprehensive guide to understanding the concept of a moratorium, its types, historical context, and its application in legal and financial scenarios.
Morningstar is a Chicago-based company renowned for its comprehensive evaluation of mutual funds, offering a risk-adjusted performance rating system using a five-star scale.
A comprehensive guide to Mortgage Assumption, detailing what it is, how it works, its advantages and disadvantages, types, historical context, applicability, and related terms.
A comprehensive look into the role of a mortgage banker, including definitions, functions, examples, and historical context in mortgage financing.
Mortgage bonds are tax-exempt securities issued by municipal and state authorities to provide low-interest-rate mortgage loans to qualified individuals, primarily first-time home buyers with moderate income.
A comprehensive look at Mortgage Brokers, their role in facilitating loans, the differences between brokers and bankers, and important considerations for borrowers.
A detailed overview of Mortgage Commitment, its types, special considerations, examples, historical context, applicability, comparisons, related terms, and frequently asked questions.
Understand the Mortgage Constant, a valuable metric in finance representing the percentage ratio between the annual debt service and the loan principal. Learn its significance in real estate, banking, and investment.
A detailed exploration of the role and functions of a mortgage correspondent, their responsibilities, historical context, comparison with mortgage bankers and brokers, and additional related terms.
Detailed analysis of mortgage debt, its implications, types, and considerations in real estate and finance.
Explanation of the mortgage discount, how it is applied, its benefits, and comparisons with related terms such as discount points.
An in-depth look at mortgage insurance, its significance, and how it protects lenders and borrowers.
A comprehensive guide to Mortgage Insurance Policy, including various types, key considerations, historical context, applicability, comparisons, related terms, FAQs, and more.
Comprehensive overview of Mortgage Insurance Premium (MIP), including definition, types, payment methods, historical context, applicability, comparisons, related terms, FAQs, and references.
A comprehensive guide to the Mortgage Interest Deduction, its benefits, eligibility criteria, and impact on taxpayers.
Comprehensive guide on Mortgage Lien - an encumbrance on property used to secure a loan, including key definitions, types, priorities, historical context, and real-life applications.
An in-depth guide to understanding mortgage life insurance, its benefits, types, considerations, examples, and frequently asked questions.
An in-depth look into mortgage modification, its legislative background, and U.S. Treasury Department initiatives designed to help lenders avoid foreclosure.
A comprehensive guide to understanding Mortgage Notes, their components, types, and significance in real estate financing.
Mortgage Out refers to obtaining financing that exceeds the cost of constructing a project. Developers achieve this by securing a permanent loan commitment based on a high percentage of the completed project's value, although opportunities have declined due to stricter underwriting criteria.
A type of Real Estate Investment Trust (REIT) that focuses on lending capital for real estate mortgages. Mortgage REITs generate revenue primarily through the interest they earn on mortgage loans.
Comprehensive insight into Mortgage Relief, the process of acquiring freedom from mortgage debt, related tax implications, and significant considerations.
Comprehensive Explanation of Mortgage Servicing, Including Collection of Payments, Principal and Interest Management, Escrow Services, and Handling Defaults.
A mortgage-backed certificate is a financial instrument backed by mortgages, where investors receive payments from the interest and principal on the underlying mortgages.
A detailed exploration of mortgage-backed securities, their types, characteristics, and relevance in the financial markets.
The Mortgagee is the entity that holds a lien or title on a property as security for a debt. Essentially, the mortgagee is the lender that provides the loan, secured by collateral.
A mortgagor is an individual or entity that pledges property as collateral to secure a loan. Understanding the role of the mortgagor is crucial in real estate, finance, and legal transactions.
A detailed and structured explanation of market movements, covering both price fluctuations and political action, including their implications and examples.
The moving average is a crucial statistical tool used to smooth out short-term fluctuations and highlight longer-term trends in datasets, such as the average price of a security or inventory.
Comprehensive overview of Manufacturer's Suggested Retail Price (MSRP), its significance, calculation, and practical implications.
An in-depth exploration of multicollinearity in regression analysis, its impact on statistical models, detection methods, and practical solutions.
An important financial metric, the Multiple or Price-Earnings (P/E) ratio, provides insight into the valuation of a company's stock relative to its earnings.
A Multiple Listing arrangement is an agreement among a group of real estate brokers to share information about listings and split commissions between listing and selling brokers. This facilitates greater exposure and efficiency in the property market. See also [Multiple Listing Service (MLS)].
An in-depth look at Multiple Listing Service (MLS), a collaborative network of real estate brokers who agree to share listings with one another, facilitating property transactions.
A comprehensive exploration of the concept of the multiplier, its various types, applications in different sectors, and its significant impact on economic analysis and decision-making.
A municipal bond is a bond issued by a state or local government body such as a county, city, town, or municipal authority. Interest earned is generally not taxable by the U.S. government, nor in the jurisdiction that issued it.
A Municipal Revenue Bond is a bond issued by a municipality to finance public works such as bridges, tunnels, or sewer systems, and is supported directly by the revenues generated from these projects.
