Category: M

When an underwriter arranges for a security to be issued.

British document regulating a company’s external activities. Required to presented at a registered or incorporated company’s formation. Along with the company’s articles of association, as the company’s charter, it forms the company’s

Unbiased negotiator for entities buying and selling merchandise. Strictly a go-between. Takes no possession of any goods.

MERcado COmain del SUR. Argentina, Brazil, Paraguay, and Uruguay formed this customs union established under the 1991 Treaty Of Asunciean. In 1996, Bolivia and Chile joined it as its associate members. Following

Insurance that covers property or money that is leaving the premises in someone’s possession, like an employee delivering items to a customer.

used widely as a mold killer. Synthesized mercury compound. It can travel across placenta and damage the brain of an unborn child as it is a dangerous neurotoxin.

A small business with five or less employees in the US. Generally they do not have access to typical business finance sources, like corporate credit accounts or commercial banking services. Microbusinesses typically

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 minimum face value is specified in this specific type of policy.

An employer must pay an employee at least this lowest hourly rate. In the US and some other countries, minimum wage is set by law. In the UK and still other countries,

Pension plans and insurance companies experienced at estimating future liabilities attempt to minimize the expenditures necessary to cover their liabilities. A function of these experienced investment institutions. Also known as portfolio dedication

A legal obligation does not occur because a fact that exists or that does not exist is forgotten, or ignored. If a mistake of fact occurs in court proceedings, the erring court

An acronym or rhyming sequence, as examples of this specific type of memory-assistance device or formula

Policyholder’s chosen payment frequency: annually, monthly, or quarterly.

The post-endowment-period paid amount exceeds the policy’s face value. This contract type is taxable and subject to any post-tax penalties. Either the face value or the cash value, whichever is greater, is

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

Anything that is valued as money. Monetary assets are cash and accounts receivable. Monetary liabilities are notes and accounts payable. These have a fixed exchange value with money unaffected by inflation or