Category: M

Portable, wireless telephone device. Cellular towers connect the calls between two devices. Mobile phones are the most widely used portable device in the world, using transmitted frequencies. Motorola developed the first mobile

BOM including available options and their variations for each listed material item.

That which relates to money. The mechanisms supplying it, circulating it, and running an economy. Contrast to that which relates to public revenues like taxation and public spending, debt, and finance, These

A single molecule used in a material or substance. It gets combined with other monomers to become a polymer.

All actions are moral and ethical if they do not coerce and do not interfere with others’ rights is this specific ethical concept.

Expected mortality minus actual mortality experienced is this specific number.

To repay the balance on a mortgage loan in case the mortgagor dies before payoff, one buys this type of decreasing-term life insurance policy.

Refer to maintenance, repair, operations items.

Marketing products by various methods and schemes while also selling the products through various distribution channels that support the other channels selling this same product. Typically the marketer reinforces the other channels

A coupon given based on the performance on multiple indexes.

To write both property and casualty insurance the same insurer is legal under this specific type of state law.

different types of management involved in this specific type of plan are typically in roles different than ones originally identified for them. This helps in vetting future upper-level management positions. Top-level management

An Islamic financial transaction. Having property or an asset to sell, the owner will rent or lease it at a fully disclosed rate of profit to an interested buyer. Just like a

An optical device reads printed materials and transfer into digital format as electronic data input. Optical character recognition (OCR) technology is used.

Device for reading information by required contact with a magnetic stripe card. The card must pass through a slot, or swipe, to read stored information. Also known as card swipe machine or

Making ongoing but limited investments in its marketing aimed at maintaining the current market share of a brand or product, specifically in stagnant or low growth markets, as a planned support approach.

Ventilating equipment to heat or cool circulates purchased fresh outside air throughout a building.

Outside investors’ purchase of a firm, retaining existing management, but make the board of directors their representative. Believing the firm’s products will generate greater future yields with strategic changes and/or capital infusion

Court order mandating a mandatary entity to perform or cease a specific act.

Using a large number of claims, collecting data on average claims helps derive this type of insurance rates. Based on information available on certain groups, these rates are then customized.