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

Category: Finance Dictionary

MOM AND POP STORE

Typically open for business only in a single location, a family-owned, controlled, and operated business, small, independent, with a few employees, a small business volume, and not franchised.

MONITOR

To keep track of, to check, to supervise, or to watch. To assess whether a critical point is under control in the context of an HACCP plan, conducting a systematic and repeated

MOORE’S LAW

Stated by Gordon Moore, a co-founder of computer chip maker Intel and its former chairman in 1965. Moore predicted that the transistor total on a given-sized silicon chip will double every 18

MORNINGSTAR

Investors use this investment research company’s products to improve portfolio and financial transaction management. Morningstar offers brokerage services for financial advisors and investors. Provides investors with software products and publications to help

MORTGAGE LIFE INSURANCE

In the event the borrower dies before paying off the mortgage, this term life insurance pays off the home mortgage balance. It is bought to protect the family from losing its home

MOTOR TRUCK CARGO POLICY-OWNERS FORM

Truck owner coverage against a loss of the trucker’s property while in use transporting cargo. Regardless of legally liability for the loss, this form also covers cargo loss or damage,

MULTIFAMILY HOUSING

To house several different families in separate housing units is the specific design for this type of building or structure. The entire building or structure may be owned by one person, a

MULTIPLE AWARD

Where the award of a single contract would be impractical or impossible, two or more bidders for the same item are awarded separate, partial contracts.

MULTIPLE SHOP

1. In Retail, This is often called a retail chain, a multi-locations retail shop with common ownership and management. Contrast to mom and pop store. 2. In a Union, and other negotiating

MULTIWALL

More than one layer or ply exists or comprises.

MYSTERIOUS DISAPPEARANCE

Unexplainable loss of assets in an event beyond occurrences like a robbery. This term gives broader coverage than specific everyday perils like robbery.

NATURAL SCIENCES

No universally accepted meaning exists for this specific classification scheme for academic subjects. Excludes language studies, psychology, sociology, and other such ‘soft’ disciplines. Includes physics, chemistry, mathematics, and all engineering disciplines.

NEGATIVE CASH FLOW

During a specific time period, more cash is going out as expenditure than is coming in as income. Does not necessarily indicate loss, just an timely imbalance. Temporary imbalance is often covered

NEGATIVE REINFORCEMENT

Increasing or maintaining an improper response or behavior’s likely reoccurrence based on removing a challenge, penalty, stimulus, or reward.

NEPOTISM

Appointing unqualified relatives and friends to positions in one’s organization when an outsiders might be better qualified. Typically connected with political office. Where complete trust and willingness to work hard for little

NET CHANGE

Security’s price change between closing price as last trading price on a trading day and closing price on the next trading day. Net change is the difference between the closing bids from

NET INCOME MARGIN

Revenue percentage that is Net income. Calculated as: Net income times 100 divided by total revenue. Also known as net margin or net profit margin.

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