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

Category: M

MATURITY PERIOD

Completed, due, or paid up timebound item with this type of period.

MAXIMUM PRICE FLUCTUATION

Without triggering a trading halt this is the largest amount a futures contract can move in a single trading session. Individual commodities and financial instruments have varied maximum price fluctuations. It is

MEANS ENDS ANALYSIS (MEA)

The overall goal is decomposed into objectives, Each objective is then decomposed into individual steps or actions. This is applying systems thinking to planning. The concept that ‘every attainable end leads up

MEDICAL EXAMINER

By conducting the examination of a prospective insured and acting as an agent of the insurer is this specific type of doctor.

MEETING RATE

to attend a meeting, guests staying together, the offering of this type of special room rate.

MEMORANDUM OF TARIFF

From the official tariff of a carrier, the information extracted is this specific summary of rules and rate.

MERE EXPOSURE EFFECT

A person’s psychological tendency to prefer a previously encountered option versus a totally unfamiliar option never encountered, regardless how brief the 1st option’s prior exposure was. In marketing, the Mere Exposure Effect

METHANE (CH4)

Flammable hydrocarbon gas that is colorless and odorless. Natural gas’s main component, about 75 to 99 percent. Non-toxic, it is an asphyxiant and a major hothouse gas. Catalytic oxidation converts methane into

MICKEY

Specific type of informal measurable unit. Said to be named after the famous Disney cartoon mouse. The smallest detectable distance of movement by a cursor on a computer screen via an input

MICROFILMING

Documents’ photographic reproduction process. Uses images one-eights (1:8) to one-fiftieth (1:50) of original size. Media is usually 16 or 25 millimeter film. Without any detail or information loss, these microphotographs can be

MICROSOFT OFFICE

Microsoft Corporation’s product suite. Packages MS-Word, Excel, Access, Publisher, PowerPoint, and Outlook. Each application serves a different purpose and is compatible with the other packaged programs. This suite is compatible with both

MIGRATION

Something’s or someone’s movement from one place to another, as in data from one format, platform, or system, to another, or from one country to another, or of a substance from one

MILLIARD

Equals 1,000,000,000 (billion). Term is used primarily in Europe. Equivalent to one thousand million, or 1000 x 1,000,000.

MINIMUM WEIGHT

A freight rate scale’s starting point. No matter how small or light, this is the minimum weight used by the carrier to calculate shipment payment.

MOCKUP

For testing or training purposes, building of this specific type of scaled or full-size replica or model.

MODULARITY

Relatively independent but interlocking components or parts mark how much is a system modularized as a degree.

MONETARY SYSTEM

A mint, central bank, and commercial banks as this type of a set of mechanisms by which a government provides money as cash to a country’s economy.

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