Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

Category: Finance Dictionary

MISSING VALUE

A variable’s iteration having no data present. Although deemed common, it is an issue in using remaining data to predict the futures affiliated with the data with any certainty. Also known as

MIXED MODEL PRODUCTION

To avoid inventory accumulation different goods are made every day. It is based on the daily anticipated demand. Mixed model production gives best results when shipment dates are linked to production schedules,

MODEL RISK

Probability of loss resulting from the weaknesses in the financial model used in assessing and managing a risk.

MOLYBDENUM (MO)

To increase steel’s resistance to corrosion in making high speed steels or stainless steel, this metal is added to iron.

MONEYNESS

The amount of intrinsic value an asset has.

MORNING LOAN

Repaid the same trading day to purchase securities pending delivery, this is a specific type of bank loan to a stock broker. Also known as day loan.

MOTOR

1. Conversion device making mechanical energy or imparting motion from electrical or other energy. 2. Muscular movement concerns or involvement.

MULTI CHANNEL MARKETING

Using several varied marketing schemes to obtain consumer business. Web sites, catalogs, telephone calls, mail, and television advertisements are typical, modern schemes. This marketing approach requires good management systems in the supply

MULTIDISCIPLINARY TEAM

The achievement of the organization’s specific objectives occurs due to members with varied but complimentary experience, qualifications, and skills gathered together as this specific type of group. Also refer to multifunctional team.

MULTINATIONAL CORPORATION (MNC)

An entity managed from one home country and in business in several countries. A company or group is considered a multinational corporation if deriving 25% of revenue from out-of-home-country operations.

MULTIVARIATE ANALYSIS

Statistical data analysis procedure involving more than one measurement or observation type. More than one dependent variable is analyzed simultaneously with other variables as a problem is solved.

MUTUALLY EXCLUSIVE

Logically condition where only one choice can be made, thereby excluding all other choices.

NARROWBODY AIRCRAFT

Used mainly for short and medium hauls, Airbus A319 and A320, Boeing 717, 727, 737, and 757, McDonnel Douglas DC9, MD 80, and MD 90 are all examples of this type of

NATURAL NUMBER

Excluding zero, number used to count. Also known as counting number or positive integer.

NEGATIVE PLEDGE CLAUSE

If the company issues stocks or bonds that have a negative effect on the shareholders, the borrower has this specific type of contract or agreement as cover.

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