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

Category: Finance Dictionary

M-COMMERCE

Using mobile communication devices like cell phones or personal digital assistants (PDA) to transact electronic commerce, ecommerce.

MEDALLION PROGRAM (STAMP)

The veracity that a person is who he or she claims to be, supporting the guarantee by this specific institution that the individual who signs a stock or certificate is that person.

MEMBER OF HOUSEHOLD

A dependent claimed for tax purposes. if a relative or a nonrelative lived with you for the entire tax year, the IRS may recognize that person as a member of household.

MENU COSTS

Inflicted by the economy, price changes by a business forces updating its menu or price sheet, printing additional ones, and incurring consultation fees as this type of associated fees.

MESSAGING

Transferring, by any medium of communication from one person or device to another, content or information, be it text, images, voice.

METHYLMERCURY

used widely as a mold killer. Synthesized mercury compound. It can travel across placenta and damage the brain of an unborn child as it is a dangerous neurotoxin.

MICROBUSINESS

A small business with five or less employees in the US. Generally they do not have access to typical business finance sources, like corporate credit accounts or commercial banking services. Microbusinesses typically

MICROMERCHANT

Low-value transactions are the form used by these specific type of merchants in most of their business activities. Often excluded from using normal, traditional, mainstream business accounts and financial services. The fees

MIDDLE MANAGEMENT

People who serve as project managers in flat organizations or are department heads of accounting, marketing, production or business units, and as such, are this specific type of managers. Middle management constitutes

MILES PER HOUR (MPH)

Velocity unit measure, mainly in the US. One MPH equals about 0.45 meters per second. Kilometers per hour (Km/h) is used in most other countries.

MILLIONTH

Equivalent to 1/1,000,000 or One part in a million.

MINIMUM INVENTORY

To avoid depleting the safety stock a replenishment order should be placed at a preset point in the stock control system as this specific type of control limit .

MINORITY SHAREHOLDER

Equity holder with less than 50% ownership of the firm’s equity capital and having no vote in the control of the firm.

MISSION CRITICAL

The failure of business operations is the outcome of a failure or disruption in normal business hours of this specific type of activity, device, service, or system. Some examples: for an online

MIXED SIGNALS

A confusing message made uncertain by serving to multiple interpretations at the same time. An example is all indications being positive for business growth, yet profits continue to decline. Another example is

MODEL UNIT

A portfolio, business deal, housing unit, or other product built as an example version and used to show a pattern, configuration, and/or future products of the same nature, look-and-feel. This unit is

MOM AND POP INVESTORS

Typically inexperienced or small-sum Investors who invest minimally. They do not invest any large sums, not expecting to supplement their income from stock proceeds.

MONITIZATION

Increasing the economy’s money supply by the central bank’s purchase of a security issue as a conversion of a government’s debt security issue into cash.

MOODY’S INVESTORS SERVICE

Along with Standard & Poor’s as a best known bond rating agency providing investment information through a financial analysis publication. Corporate securities, debt obligations, municipal short-term issues, treasury bills, and government agency

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