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

Category: Finance Dictionary

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.

NET LIQUID ASSETS

The valued instrument amount easily converted to cash after deducting operating expenses from total income.

NET SALES

Returns and discounts subtracted from gross sales revenue gives this amount. In an income statement, this amount is shown under sales revenue.

NETTING

Mutual obligations settled among involved parties. Two involved parties is known as a bilateral netting. With three or more parties acting as a clearing house, it is known as a multilateral netting.

Topic Archives:

Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.