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

MUDARABA

Arabic-styled finance, pre-Islamic. One individual provides startup capital as the financier. Another individual will do the actual work, as the entrepreneur. Here, a single-tiered mudaraba exists. If there is a go-between negotiator,

MULTI CHANNEL MARKETING

Using several varied marketing schemes to obtain consumer business. Web sites, catalogs, telephone calls, mail, and television advertisements are typical, modern schemes. This marketing approach requires good management systems in the supply

MULLEN BURST TEST

Measures the pressure needed to perforate a single paper sheet or paperboard to indicate its load carrying capacity under specific conditions. It has only limited reliability for double-walled, or two-ply corrugated sheets,

MULTIBUYER

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

MULTICHANNEL MARKETING

Marketing products by various methods and schemes while also selling the products through various distribution channels that support the other channels selling this same product. Typically the marketer reinforces the other channels

MULTICASTING

A single device communicates with two or more devices with a single transmission in this transmission method. A multicast message is transmitted only to one or more selected devices. In contrast, broadcasting

MUDARIB

In the mudaraba, this is a manager who shares in the profits once the work is begun by the contracted individual. This manager provides the management, business acumen, and the products/services the

MOTIVATING

Influencing the way people think or behave individually or in groups by incentives, persuasion, or mental and physical stimulants.

MULTICULTURALISM

Cultural, ethnic, linguistic, and religious differences having legal, political, and social recognition willingly promoted by celebrating human diversity.

MULTIDIMENSIONAL MEASURE

Typically expressed as a ratio, such as miles per gallon, kilometers per hour, grams per cubic meter this type of measure indicates a relationship between two or more units.

MULTIDISCIPLINARY TEAM

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.

MULTIFUNCTIONAL PERIPHERAL

One compact unit that combines fax, phone, scanner, copier, and printer functions is this type of office appliance.

MULTIFAMILY HOUSING

To house several different families in separate housing units is the specific design for this type of building or structure. The entire building or structure may be owned by one person, a

MULTICOLLINEARITY

Two different independent variables existing with a dependent variable have this type of measurement.

MULTIMEDIA

Education, entertainment, or training through computer hardware and software using animation, audio, graphics, text, and full-motion video occur with this type of integration.

MULTILATERAL AGREEMENT

Three or more parties, agencies, or national governments agree with signatures. A bilateral agreement is only between two such parties.

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