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

Category: M

MITIGATING CIRCUMSTANCE

Activities leading up to an offense that change the perception of why the offense occurred, not necessarily justifying the offense. Family or personal situations are circumstances that may help in obtaining a

MOCHIAI

A cross share holders network in a keiretsu company.

MONETARY DEFAULT

1. In Investing, on the National Best Bid and Offer (NBBO) this is the point at which market orders are executed against an available eligible contraorder, once submitted through International Securities Exchange.

MONOMORPHIC OPINION LEADERSHIP

Communication and media leadership type that provides information concerning one particular, highly specialized topic instead broadly based information. Making decisions based on less than full information is what a very narrow point

MORAL SUASION

Monetary policy governmental guidance as a tool to persuade financial institutions to follow suggested guidelines on the availability and cost of credit, instead of lawmaking power to mandate. Before mandatory compliance through

MORTALITY TABLE

Categorized by age and other factor like occupation is data gathered on the rate of death among groups of people by insurance companies.

MORTGAGE SECURITIZER

Originator or initiator of an asset backed security (ABS). Typically a business, bank, or individual. This entity can also transfer assets to the issuer directly or indirectly by monetizing and selling mortgage

MSCI-EAFE INDEX

Stands for Morgan Stanley Country Index – Europe, Australasia, Far East. It is an aggregate index of 21 individual country indices. It is widely accepted as a non-American shares benchmark and used

MULTIPLE LISTING

A real estate brokers group have an arrangement in advance to give information about their listings to each other, and agree that sales commissions will be divided between listing and selling brokers

MULTIPLES APPROACH

Similar assets will sell at similar prices is a concept in this valuation theory. That firm-specific variables will be the same across the board is a basic assumption of this theory.

MUSHARKA

Instead of having a lender-debtor relationship, this specific type of Islamic financial arrangement is for building a business partnership. Each party takes part in the new business’s profit and risk. Rather than

M&A

Alternative, short term for mergers and acquisitions.

MACHINE TOOL

Non-portable, power-driven industrial device. Machine tools are ‘machines that make machines.’ Abrading, cutting, drilling, forming, grinding, nibbling, or shaping of a piece of metal or other material are examples of tool operations.

MAGNETIC TAPE

Plastic coated magnetic ribbon of ferric oxide material. Available in several standard widths, with half inch being the most common. Used mainly in cassettes for audio, video, and data storage, as a

MAJOR AIRLINE

more than one billion dollars in annual operating revenue earns an air carrier this US designation. American, Northwest, and United Airlines are so designated. Also known as major carrier.

MALICIOUS FALSEHOOD

Deliberate lying, making and Intentionally false statement simply to hurt another. Contrast to defamation. Malicious falsehood is damage to a person’s business reputation. Also known as injurious falsehood or trade libel.

MANAGEMENT BUY OUT (MBO)

Existing management’s purchase of a firm or one of its divisions generally occur when the parent firm wants to divest a subsidiary or the firm or its division is threatened with closure.

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