Category: M

State of a house or property ready for immediate occupancy. In this condition a property must meet all city or governing municipality requirements as a habitable dwelling. Operable plumbing, electricity, locking doors

An entity that appears on multiple customer lists from buying from more than one other person or company. This applies to the insurance industry as a policy type limiting the credit risk

The achievement of the organization’s specific objectives occurs due to members with varied but complimentary experience, qualifications, and skills gathered together as this specific type of group. Also refer to multifunctional team.

A trust made by many small employers in the same industry. Purchasing lower-cost group insurance or setting up a self-funded plan are reasons for this type of trust.

An option with more than one strike price.

Municipal bond and securities dealers are regulated by the rules established by this specific type of organization.

A program’s operation commands. Usually a compiled machine-native code. Also known as machine code. A computer, robot, or computer-driven machine recognizes these and executes them.

International agreement for a single application to World Intellectual Property Organization (WIPO) sufficing to register a mark in all member countries and register service and trade marks under it.

Direct labor hours applied during a normal work-week are a quantitative measure of maintenance capability.

To change from one job to another or a machine operation setup.

Prepaid medical plans to reduce cost by eliminating inefficiencies and aimed at increasing the quality of managed care by organized healthcare delivery through a US medical firm, such as an health maintenance

Entity contracted to administer and oversee a complete project, managing those who carry out different parts of the project, including several subcontractors .

Written on the right of the decimal point, this is the fractional part of a decimal fraction. It is also a common logarithm’s decimal part.

Tracking an insurer’s exposure in a given area is this junior underwriter’s task. Tracking on maps property covered by policy number is how this is done.

Total incurred cost change of some households or businesses due to a unit change in other households’ or businesses’ consumption or output.

Quantification; Measurement: while maintaining the same satisfaction level, how much of one commodity will a consumer give up to get one or more units of another commodity.

1. In Accounting, this is posting an asset as ‘marked’ or recorded at actual purchase / acquisition price or book value in the account books. 2. in Securities, this is a security’s

Broker, dealer, or investment firm that takes possession of, and trades in, a security as a principal, thereby assuming market and systemic risk. Continually quoting bid and offer prices, and guaranteeing full

A company’s marketing resources and activities assessed and resourced to apply, track and review events and activities.

Economic, social, and political philosophy as a organized method based on the view that social change is definable in terms of economic factors. The means of production is the economic base that