Category: M

A computer’s disk storage measure, be it a computer file’s size or storage capacity. Megabytes are often abbreviated as MB. One megabyte equals 1,024 kilobytes. More megabytes means more storage capacity, memory

A former electronic typewriter with memory that was able to hold a few pages of text. This early word processing device was difficult to use and very limited.

Imaginary north-south semicircle crossing the earth’s poles, and intersecting the equator and all latitude baselines at right angles. Each meridian aligns in a north-south direction with its end-points converging at the north

Acceptable forms of remittance for a given sales transaction, in stated terms. The product or service seller states the acceptable payment method.

Designed to remove or lessen economic risk tied to a particular asset or liability. Also refer to macro hedge.

One millionth (1/10x10x10x10x10x10) of a gram.

Microsoft (MS) Corporation personal computer (PC) operating system (OS). Microsoft introduced this OS in 1985 and it continues to be widely used despite competition from Apple’s Macintosh OS. As with other operating

Iron-carbon alloy with less than 0.25 percent carbon in the mix. This makes the steel more ductile, but unsuited for structural work as it is less sturdy.

Equals about 0.015 grains or one-thousandth of a gram.

A service invoice has the lowest amount applied.

When pooled together assets that are considered risky on an individual basis attain a much lower level of risk, given the anticipated return in this specific type of well diversified portfolio.

1. Costs of a lower monetary value, like meals or ticket prices, that are grouped together on a balance sheet. 2. An additional charge often incurred during a hospital stay, like a

Private enterprise and some state monopoly coexist in this type of economic system. Public services, defense, infrastructure, and basic industries are some of these state monopolies. The means of production are shared

1. The way a buyer will pay: cash, check, or credit card. 2. How often a part of a debt is paid: monthly, quarterly, or annually.

Electrical signal change process. Carrying information contained in a signal by superimposing the signal’s characteristics onto a carrier wave is an example. Also refer to amplitude modulation and frequency modulation.

The issuing financial institution pays an interest rate on this specific type of US certificate of deposit (CD), non-negotiable, minimum original 7-day maturity, minimum denomination of $2,500.

On the basis of its market share a supplier has a limited degree of price setting power.

Delay in performing an obligation or taking an action legally authorized or simply agreed to be temporary.

A person servicing a loan for a fee for someone else. A mortgage banker differs because the banker originates, sells, and services the mortgage loan. A mortgage broker differs by not originating

Supply contract’s price protection clause that states the seller must offer the same price to all customers including the contracting customer.