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

MOBILE

1. Able to move. Capable of movement. 2. Cellular or mobile phone in today’s slang. 3. An arranged, balanced free-moving object. An example is a crib mobile that moves dangling toys.

MOCHIAI

A cross share holders network in a keiretsu company.

MOBILE PHONE

Portable, wireless telephone device. Cellular towers connect the calls between two devices. Mobile phones are the most widely used portable device in the world, using transmitted frequencies. Motorola developed the first mobile

MODE

Referential value in a series of data to the most common, most often occurring value. In a frequency distribution graph, the peak represents the mode. The mode of the series 1, 2,

MODEL OF THE WORLD

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.

MODE OF TRANSPORT

Shipment movement method from point ‘A’ to point ‘B’: air, rail, road, or sea.

MOBILE MONEY

Transfer funds between banks or accounts, deposit or withdraw funds, or pay bills by mobile phone. Purchase items, whether physical or electronic, by mobile phone.

MISTAKE OF FACT

A legal obligation does not occur because a fact that exists or that does not exist is forgotten, or ignored. If a mistake of fact occurs in court proceedings, the erring court

MODIFIED DURATION

Macaulay duration adjusted for compounding. Fixed-income financial instrument’s price volatility and interest rate sensitivity measure. Like an interest bearing bond, the instrument’s value-percentage change for each percentage point change in prevailing interest

MODIFIED

Many contexts use this general term. Insurance coverage on similar policies refers to a changed premium from the normal premium.

MODULATION

Electrical signal change process. Carrying information contained in a signal by superimposing the signal’s characteristics onto a carrier wave is an example. Also refer to amplitude modulation and frequency modulation.

MODULATING

Not being full-on or full off; changing incrementally.

MODEL UNIT

A portfolio, business deal, housing unit, or other product built as an example version and used to show a pattern, configuration, and/or future products of the same nature, look-and-feel. This unit is

MOLASSES

Repeated centrifuging in crystalline sugar manufacturing of concentrated and clarified cane or beet juice leaves this heavenly, heavy, viscous liquid after the removal of sucrose from the mother liquor. The final molasses,

MOMENTUM INVESTING

High volume and rapidly rising or dropping prices make target stocks in this type of trading strategy.

MOM AND POP INVESTORS

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.

Topic Archives:

Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.