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

MAIL ORDER COMPANY

Companies that do mail-order. Refer to mail order. Characteristics are a catalog or product list or website of available items. Consumers order by telephone, internet, or mail order and check together.

MAILING LIST

Listed physical mailing addresses. Names, phone numbers, household income levels, and geographical location are typical data elements on the list. Used to send advertisements and relevant information to listed individuals. A company

MAIN STREET

1. Descriptive term for the average working middle-class American. 2. Typically a city or town’s primary street.

MAINTENANCE CAPABILITY

Drawings, facilities, funding, personnel, spare parts, technical data, test equipment, tools defined as resources available for required maintenance tasks.

MAINTENANCE BOND

a type of construction bond that guarantees against defective materials or craftsmanship. This bond is good for a specified amount of time after the finished work has been accepted.

MAGNITUDE

Relative, scaled range of a specific criterion. An example is the Richter scale. It translates the magnitude of an earthquake into a scaled level that can be compared to other incidents. Also

MAJOR AIRLINE

more than one billion dollars in annual operating revenue earns an air carrier this US designation. American, Northwest, and United Airlines are so designated. Also known as major carrier.

MAJOR NONCONFORMANCE

The failure, or significant usability reduction of a facility, machine, plant, program, project, or system that is likely to result in a non-critical non-conformance.

MAJOR MARKET INDEX

Trading in options and futures is based on an index such as this. 20 blue-chip stocks comprise such a US stockmarket index. 17 of these blue-chip are also in the Dow Jones

MAJOR CURRENCIES

The value of a local currency is measured and most of the world’s foreign transactions are denominated with one of the following major currencies: British Pound (GBP), Euro (EUR), Japanese Yen (JPY),

MAKE WHOLE PROVISION

Pre-maturity-date payoff as a bond option for the borrower. with regard to amount with regard to amount is the basis for the expected lump so if doing so.

MAGNETIC TAPE

Plastic coated magnetic ribbon of ferric oxide material. Available in several standard widths, with half inch being the most common. Used mainly in cassettes for audio, video, and data storage, as a

MAKE-UP AIR

Ventilating equipment to heat or cool circulates purchased fresh outside air throughout a building.

MAKE A MARKET

Over the counter trading of a particular security by a dealer able, ready, and willing to buy and/or sell.

MALICIOUS MISCHIEF

Intentional damage to property belonging to another person is an act comparable to vandalism.

MAKE-GOOD

Rerunning the corrected ad or correctly timed commercial as a promise to ‘make an error good’ by a medium. Newspaper, magazine, radio or TV station as an advertising medium gives an advertiser

MAKE READY

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

MAGNETIC STRIPE READER

Device for reading information by required contact with a magnetic stripe card. The card must pass through a slot, or swipe, to read stored information. Also known as card swipe machine or

LOGARITHMIC SCALE

Measure of unit increase or decrease that is actually a tenfold increase or decrease in the quantity measured. For example, a pH reading of 5 pH indicates 10 times the acidity of

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