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

Category: M

MERCALLI SCALE

Earthquake intensity’s qualitative measure. Uses a linear empirical scale based on seismic phenomenon’s observed effects. Earthquake intensity plots on a scale I to XII. Roman numerals are used in contrast to the

METABOLISM

Essential to life and well being within a living organism chemical and physical processes that are continually occurring together make up this specific activity. Various enzymes work on complex food substances to

MICROCAP

In the US, an entity under 250 million dollar capitalization. This is less than small capitalization firms.

MICROMETER

One-millionth of a meter, equals 0.001 millimeter, equals 0.0000394 inch. Also known as micron.

MIDDLE OF MONTH TERMS

Deliveries or shipments made from the 1st to the 15th day of a month are billed as of the 15th day of that month in this specific type of Invoicing method. On

MILESTONE

1. In General, this is a major sub-objectives or stage for world performance monitoring and measuring. Typically part of the division of a program or project. 2. In Project management, this is

MIND MAPPING

Connections between several ideas or pieces of information become visualized by using this specific type of graphical technique. A web of relationships evolves as each idea or fact captured traces to its

MINIMUM INVENTORY

To avoid depleting the safety stock a replenishment order should be placed at a preset point in the stock control system as this specific type of control limit .

MINORITY SHAREHOLDER

Equity holder with less than 50% ownership of the firm’s equity capital and having no vote in the control of the firm.

MISSION CRITICAL

The failure of business operations is the outcome of a failure or disruption in normal business hours of this specific type of activity, device, service, or system. Some examples: for an online

MIXED SIGNALS

A confusing message made uncertain by serving to multiple interpretations at the same time. An example is all indications being positive for business growth, yet profits continue to decline. Another example is

MODEL UNIT

A portfolio, business deal, housing unit, or other product built as an example version and used to show a pattern, configuration, and/or future products of the same nature, look-and-feel. This unit is

MOM AND POP INVESTORS

Typically inexperienced or small-sum Investors who invest minimally. They do not invest any large sums, not expecting to supplement their income from stock proceeds.

MONITIZATION

Increasing the economy’s money supply by the central bank’s purchase of a security issue as a conversion of a government’s debt security issue into cash.

MOODY’S INVESTORS SERVICE

Along with Standard & Poor’s as a best known bond rating agency providing investment information through a financial analysis publication. Corporate securities, debt obligations, municipal short-term issues, treasury bills, and government agency

MORNING NOTES

Financial news given in the morning meetings as it happened the night before.

MORTGAGE LENDER

Borrowers seeking to buy a home use this money-source entity for loans.

MOTOR FREIGHT

Truck-transported commercial, manufacturing, governmental, or residential goods to their destination, be it a retail outlet or to an individual customer. This excludes rail or air transport.

MULTI FIBER AGREEMENT (MFA)

Two countries may negotiate quota restrictions on textile and apparel imports from each other under this specific international trade agreement. Under World Trade Organization (WTO) rules, MFA restrictions are prohibited and required

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