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

MONEY MARKET DEPOSIT ACCOUNT

Savings account type used by banks and brokerage firms to invest in short-term debt obligations using funds held on deposit. This account type typically offers limited check writing privileges. It also typically

MONEYNESS

The amount of intrinsic value an asset has.

MONEYER

A person contracted by a government to physically make money out of a precious metal by striking a coin or printing currency. Another term for a banker.

MONITOR

To keep track of, to check, to supervise, or to watch. To assess whether a critical point is under control in the context of an HACCP plan, conducting a systematic and repeated

MONOCHROME

When a black print is made on white paper. Single color known as ‘black and white’ .

MONOMER

A single molecule used in a material or substance. It gets combined with other monomers to become a polymer.

MONEY PURCHASE BENEFIT FORMULA

Both employee and employer have fixed contributions with this specific type of pension plan. A flat amount or a percentage of the salary are fixed contributions based on the employee’s salary.

MOISTURE CONTENT

A material or substance’s water amount, regardless of the water’s form.

MONOPSONY

A market with only one buyer given them price control.

MONOPOLY POWER

On the basis of its market share a supplier has a limited degree of price setting power.

MONSOON

South Asian landmass comprising of Bangladesh, Burma, Ceylon, India, Nepal, and Pakistan experience this specific type of seasonally heavy rains carried by high winds from Indian Ocean. The middle of July to

MOOT POINT

Raised during a debate, this type of matter has absolutely no effect on the debated controversy.

MOORE’S LAW

Stated by Gordon Moore, a co-founder of computer chip maker Intel and its former chairman in 1965. Moore predicted that the transistor total on a given-sized silicon chip will double every 18

MONOPOLISTIC COMPETITION

Perfect competition and monopoly meet halfway in this specific type of market situation. Displays features both. Several competitors offer products that are close but not perfect substitutes. Prices are at average cost

MORAL RIGHTS APPROACH

All actions are moral and ethical if they do not coerce and do not interfere with others’ rights is this specific ethical concept.

MORBIDITY RATE

Morbidity rate is a basic factor in setting insurance premium rates. It is the likelihood that a person will suffer a disease, illness, injury, or sickness, based on being a member of

MORBIDITY

Leaving physical or psychological wellbeing as a state. Caused by disease, illness, injury, or sickness, particularly where the affected individual is aware of the condition. Morbidity is measurable in terms of (1)

MORALE

Person’s psychological state expressed as a level or degree of self-confidence, enthusiasm, and/or loyalty to a cause or organization. Morale comes from people’s personal conviction about the worth of their actions, their

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