Category: M

no matter the changes to the mortality rate the annuitant will receive an income for life based on this specific type of clause.

Collateralized property secures the mortgage for this debt.

As a part of a mortgage agreement this type of promissory note states the loan’s amount and duration, the applicable interest rate, and makes the signatory personally liable for full loan repayment

Mortgage loan advanced and secured by this single-property seller.

1. In Law, this is why one committed the crime, the inducement, reason, or willful desire and purpose behind the commission of an offense. Whether the purpose was good, like helping someone

Acronym for Microsoft Network. The network includes Microsoft (MS) Corporation’s web-based programs and services. MS Windows users are able to sync their computer system with online services offered to centrally organize and

To carry up to 120 channels for subscribers within the transmitting antenna’s 40-mile / 64-kilometer radius, microwave transmission is this type of signal delivery method for television.

A coupon given based on the performance on multiple indexes.

To provide retirement benefits insurance cash values and a separate fund are used. Using a separate fund as well as .

An option with more than one strike price.

When a municipal bond is covered from default by an insurer.

Managed by finance professionals, a chosen and balanced set of securities are sold to the public, raising capital by selling shares known as units in this specific type of investment vehicle.

Unexplainable loss of assets in an event beyond occurrences like a robbery. This term gives broader coverage than specific everyday perils like robbery.

Machine controlled time’s measurable subdivision.

Specifically produced or prepared as the customer requested. Most fast-food purchases, burgers or sandwiches, are made to order. Cooked food, warm items, un-assembled final product awaits the customer’s actual order. Any special

Characteristic of useful design. Conscious plan that fixing failed equipment, machine, or system will occur as designed. Ability to restore a thing within a given timeframe, using the prescribed practices and procedures,

Inflation-rate based price adjustments stated in a contract’s provision.

Control of the firm arises from common stock or ordinary shares holdings of 51 percent or more. Much less than 51 percent of shares, however, may gain effective control if a significantly

Beating, rolling metal into very thin sheets, allowing metal to be bent and twisted into practically any shape without cracking or rupturing as that metal’s characteristic.

Government’s market intervention policies restricts this type of local and/or international trading.