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

MANIFEST ERROR

Complete disregard of case facts and the applicable rule or law as an indisputable error of judgment.

MANIPULATED VARIABLE

An independent variable one can alter to get a particular effect. For example, for a period of time to see how one’s weight changes in response, one can lower one’s calories intake,

MAN-MADE DISASTER

Deliberate or negligent human actions directly and principally caused one or more identifiable disastrous events. Also known as human-made disaster. Contrast to natural disaster.

MANIPULATIVE

1. The way one acts attempting to attain selfish ends by disregarding another’s aspirations or well being to control or play upon that one’s hopes or fears. 2. To use a model

MANAGING DIRECTOR

A term that is more common in British English. Much less used in American English. Another name for chief executive officer (CEO).

MANTISSA

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.

MANUFACTURING

Processing raw materials, components, and parts while building finished goods based on a customer’s specifications and expectations. Manufacturing commonly employs a man/machine setup with division of labor in a large scale production.

MANUFACTURER’S IDENTIFICATION NUMBER (MID)

Each manufacturer that imports goods into the United States receives this unique identifying reference number. This number is used by U.S. Customs in its electronic monitoring systems. This number is not like

MANUAL EXCESS

Liability limit excess in an insurance premium’s amount. Multiplying the manual rate by rate factors found on a table establishes this premium. Determines a premium for the limit selected.

MANUFACTURING SYSTEM

Organized production. Assembly lines, batch production, and computer-integrated manufacturing are some of the many existing types of manufacturing systems.

MANAGING CONTRACTOR

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

MAN-YEAR

A 12-month period of one person’s productive effort represented as a unit of work. Also known as labor year.

MANUFACTURING INFORMATION SYSTEM

Management information system type targeting any production becoming computerized. Managers need to plan and direct operations within the company and use modern management information systems designed to collect and present the necessary

MAPPING

1. In General, this is making a graphical representation, a map or flow, of something. That something can be a road, a procedure, a process, a structure, or a system. The map

MANUSCRIPT POLICY

coverage or conditions not included in a standard policy are specifically written into this policy. To comply with state laws, a larger brokerage for a larger account will prepare this type of

MANUFACTURING SECTOR

Industries making chemical, mechanical, physical material transformations, substances, and components into consumer and industrial goods. This is known to be an uncoordinated and highly competitive collection of industries.

MANAGERIAL FLEXIBILITY

The management team’s ability to fit investment decisions to existing market conditions, such a timing and scale, versus to preset assumptions and goals. A mining company with managerial flexibility in its operations

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

LOSS CONSTANT

Compared to other risks in the same classification, this amount intends to offset greater-than-average losses most smaller risks have.

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