Category: M

Low-value monetary transactions. The value of the transaction itself may be exceeded by the fees charged by banks and credit card commercial financial institutions. The development of new methods of transferring funds

specialist in offering and servicing small-balance loans to low-income groups or individuals. A microfinance institution. Gives disadvantaged entities a source to small amounts of credit. A microlender provides small amounts of capital

This is a medium-sized corporation with stock shares valued with a total market capitalization typically between one billion and five billion dollars. Best known index is S&P MidCap 400, with a $2.30

A car rental charge applied if allowed miles are exceeded in a rental agreement. Charge is typically by the mile.

Life insurance agents’ association. Members qualify by selling a minimum of $1 million of insurance coverage. An additional criteria to also be a member of the National Association of Life Underwriters as

In order to qualify to take part in a pension plan or profit sharing plan an employee must earn this specific pay amount.

When pooled together assets that are considered risky on an individual basis attain a much lower level of risk, given the anticipated return in this specific type of well diversified portfolio.

1. Costs of a lower monetary value, like meals or ticket prices, that are grouped together on a balance sheet. 2. An additional charge often incurred during a hospital stay, like a

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

Land vehicles that meet certain criteria: Cannot be registered as a motor vehicle; Cannot be used on public roads; Can only be used on land; Can only be used on the insured’s

Concepts about how the world works, or environmental data stored in a machine’s memory, that guide a person or machine in its interactions with its surroundings. Also refer to mental models.

As time goes on the tenant begins to pay more of the property’s expenses in this specific type of real estate lease.

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.

Government’s chosen economic strategy, deciding to increase or decrease the country’s money supply. A monetary policy is typically applied through the central bank. Three major tools are: (1) buying or selling national

MV = PT, where M is money quantity, V is circulation velocity, P is price levels, and T is transactions. Money velocity calculation.

A monetary base and an economy’s money supply as a mathematical relationship. It explains increased cash amounts in circulation caused by the banks’ use of their depositors’ funds to lend money. A

Individual acting to own a market for a given product or service group. The act of monopolizing any product or service is illegal. Yet, one may become very rich with a monopoly.

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

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

Usually included as an attachment as a part of an insurance policy, this type of provision makes an insurance claim payable to both a policy holder, as the mortgagor, as well as