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

Category: Finance Dictionary

MENTAL/EMOTIONAL DISTRESS

if it occurs as the result of an accident, coverage usually extends to this specific type of psychological condition.

MESOTHELIOMA

Lungs and stomach lining disease caused by inhaling or ingesting asbestos fibers is this specific type of cancer. Also refer to asbestosis.

METHODS STUDY

Scrutinizing each section and statement of a given piece of work with close analysis to remove or reduce any unnecessary element or operation. Intent is a means of improving towards the quickest

MICROLENDER

specialist in offering and servicing small-balance loans to low-income groups or individuals. A microfinance institution. Gives disadvantaged entities a source to small amounts of credit. A microlender provides small amounts of capital

MIDDDLE CAPITALIZATION STOCK

This is a medium-sized corporation with stock shares valued with a total market capitalization typically between one billion and five billion dollars. Best known index is S&P MidCap 400, with a $2.30

MILEAGE CHARGE

A car rental charge applied if allowed miles are exceeded in a rental agreement. Charge is typically by the mile.

MILLION DOLLAR ROUND TABLE

Life insurance agents’ association. Members qualify by selling a minimum of $1 million of insurance coverage. An additional criteria to also be a member of the National Association of Life Underwriters as

MINIMUM CONTACT

When an out-of-state defendant commits a crime in another state, this specific legal term defines that the defendant can be brought into state court where the crime was committed for the civil

MINORITY CONTROL

When several investors with small amounts of stock get together to gain control.

MISMATCH

When a banks assets and liabilities have a range of maturity dates.

MIXED INSURER/COMPANY

Denotes a stockholder-policyholder owned insurer. Also denotes an insurer that sells both life and health contracts.

MODE OF TRANSPORT

Shipment movement method from point ‘A’ to point ‘B’: air, rail, road, or sea.

MOISTURE CONTENT

A material or substance’s water amount, regardless of the water’s form.

MONEY TRANSFER

Moving money electronically or physically to a specified account or person from another specified account or person. Western Union is a company that transfers money.

MONSOON

South Asian landmass comprising of Bangladesh, Burma, Ceylon, India, Nepal, and Pakistan experience this specific type of seasonally heavy rains carried by high winds from Indian Ocean. The middle of July to

MORBIDITY TABLE

Disease, illness, injury, or sickness occurrence rates among people grouped and categorized by age or other factor like occupation collected as matrixed data by insurance companies.

MORTGAGE INSURANCE

Mortgage lenders protection policy for default events. Government agencies often require mortgage insurance as part of a loan agreement. The borrower/mortgagor buys it. Also refer to mortgage redemption insurance.

MOTIVATING

Influencing the way people think or behave individually or in groups by incentives, persuasion, or mental and physical stimulants.

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