The Law Dictionary

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

Category: M

MOLYBDENUM (MO)

To increase steel’s resistance to corrosion in making high speed steels or stainless steel, this metal is added to iron.

MONETARY NEUTRALITY

GDP, the number of jobs, or the general public’s consumption of goods are not affected by the amount of money printed by the Federal Reserve and central banks according to this tenet

MONEY CENTER BANKS

Located in economic hubs, in large cities like Los Angeles, New York, London, and Hong Kong, these types of banks earn revenue from transactions with governments, big businesses, and other banks, and

MONEY MEN

Financial industry’s key players. People academically, within the markets, or as donors, involved in or knowledgeable about money. Advisors for economic policies, economic trend spotters, or business monetary managing directors.

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

MOODY’S BOND SURVEY

A weekly reported financial publication on any publicly traded companies with corporate bonds with quality ratings changes. Many investors involved in bond trading subscribe to this publication. Contains commentary on the overall

MORNING LOAN

Repaid the same trading day to purchase securities pending delivery, this is a specific type of bank loan to a stock broker. Also known as day loan.

MORTGAGE BROKER

Not a party to the transaction, yet, on behalf of a borrower, seeks to obtain optimum rates and terms as a financing professional.

MORTGAGE RATE

A mortgage on a property with a secured loan has this type of interest rate.

MOTION PICTURES EXPERTS GROUP (MPEG)

International Standards Organization (ISO) codec adopted for audio and full-motion video data streams compression and playback. MPEG can reduce a file size to 1/20th or less of its original size with its

MOVING AVERAGE PRICE (MAP)

In accounting records goods’ price assigned using a moving average. When accounting for goods that are readily available with small cost fluctuations and reduces margin variations businesses are more likely to use

MULTI-BRAND STRATEGY

Under different and unrelated brands two or more similar and competing products are marketed by the same firm. Multi-brand strategy has some advantages as a means of (1) holding more shelf space,

MULTIFAMILY HOUSING

To house several different families in separate housing units is the specific design for this type of building or structure. The entire building or structure may be owned by one person, a

MULTINATIONAL RESTRUCTURING

Shared agreement regarding the assets and/or liabilities terms as specific types of changes to multinational corporation’s terms. Debt consolidation, organization changes in size or scale or operations can be a reason for

MULTI-STEP FLOW THEORY

A theory stating that information moves in multiple directions as each consumer of this information passes it on along with their own interpretation of it. This information usually is from media outlets.

MUTUAL AGENCY

Each partner’s right in a partnership to act as an agent in normal partnership business operations. Each has responsibility for their partners’ business related actions. Personal actions are excluded.

MUTUALITY DOCTRINE

All contracting parties must enforce a contract for the contract to be legally enforceable, as a legal principle.

MACARONI DEFENSE

When a company requires securities be purchased at a high cost preventing a hostile takeover.

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