Category: M

A commitment that is ‘moral’ and not legal because succeeding legislatures are not obligated to abide by such provisions made by preceding legislatures. Municipality, or other governmental entity, issued debt obligation lacking

no matter the changes to the mortality rate the annuitant will receive an income for life based on this specific type of clause.

A security holding partial ownership within a pool of other partial mortgage owners. These other mortgages are owned by a federally insured mortgage holder, like Freddie Mac. Also known as pass-through security.

When an individual or family relocates for a new job or job transfer, this tax deduction is applicable. The expenses must be well documented with receipts. Packing, shipping, moving, storage, and transportation

Internet sub-networks and routers in a virtual network specifically designed to carry heavy data traffic such as multimedia transmission for audio/video conferencing, as well as weather satellite images. Mbone allows simultaneous transmission

A cell in lean production methods handles several different machines and operations by one trained employee.

To provide medical benefits financed by the employer, these types of funds and trusts are arranged.

An insurance policy that only pays out if more than one trigger occurs.

Providing utility-related services such as water, sewage, and drainage services is the job of this specific type of political entity. Enacted by state law and funded by special assessment bonds. One’s property

Using repetition and experience as how humans seem to learn. Using software whose operations mimic these methods, employing artificial intelligence techniques to enhance the ability of a machine to improve its own

Typically, a monthly, general interest or specific focus periodical. Characteristics are that it covers several topics by short articles of about 3-pages long, that are submitted by in-house and external authors, carrying

Organization’s maintenance operations on three unique levels: (1) organizational level maintenance, (2) intermediate level maintenance, and (3) depot level maintenance. The scope of maintenance activity at each maintenance level requires equipment, facilities,

Pre-maturity-date payoff as a bond option for the borrower. with regard to amount with regard to amount is the basis for the expected lump so if doing so.

To reduce risk of loss in a downturn several types of securities are invested by this broad-based mutual fund. To serve the needs of smaller investors and managed by insurance companies are

A term that is more common in British English. Much less used in American English. Another name for chief executive officer (CEO).

Machine operator’s actions having no machine involvement as a measurable work cycle’s subdivision.

1. In General, this is making a graphical representation, a map or flow, of something. That something can be a road, a procedure, a process, a structure, or a system. The map

Consumer’s outlay change divided by the corresponding total quantity purchased change.

Without affecting output quality, this is the rate of technical substitution a producer can make by exchanging a small input amount of capital, for example, for a small input amount of labor,

Consumer demand driven action leading to a vendor’s decision to retain a cost level.