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

MULTIPLE EMPLOYER TRUST

A trust made by many small employers in the same industry. Purchasing lower-cost group insurance or setting up a self-funded plan are reasons for this type of trust.

MULTIPLE LISTING

A real estate brokers group have an arrangement in advance to give information about their listings to each other, and agree that sales commissions will be divided between listing and selling brokers

MULTIPLE LINE LAW

To write both property and casualty insurance the same insurer is legal under this specific type of state law.

MULTIPLE LOCATIONS FORM

A specific insurance policy type covering property and any type of assets owned by an individual at multiple locations. Goods, futures, specialized equipment, or improvements made by the owner or others are

MULTIPLE OPTION PLAN

An HMO, PPO, or a major health plan are employee choices under this specific type of plan.

MULTIPLE SOURCING

Using many different providers of components and services in the production process. This reduces production risk to the supply chain if it has a problem and keeps production on track in the

MULTIPLE WORKSITE REPORT (MWR)

Companies that have employees at multiple locations in a particular state submit this specific type of employment and wage report. States use these reports to identify that federal funds allocations across different

MULTIPLES APPROACH

Similar assets will sell at similar prices is a concept in this valuation theory. That firm-specific variables will be the same across the board is a basic assumption of this theory.

MULTI-SEGMENT MARKETING

A company advertises with different hooks, trying to get customers from different markets to buy the same product for the same uses. This can be a costly marketing strategy. Known also as

MULTIPLE RETIREMENT AGES

An employee’s retirement age, receiving benefits, either full or reduced. Three types exist: normal, early, and deferred. Normal retirement is the usual time an employee is allowed to retire and receive full

MULTITASK

1. In General, this is the ability to execute or complete multiple tasks simultaneously by one individual. 2. In Computers, this is a computer’s ability to allow a single user to run

MUNICIPAL UTILITY DISTRICT (MUD)

Providing utility-related services such as water, sewage, and drainage services is the job of this specific type of political entity. Enacted by state law and funded by special assessment bonds. One’s property

MULTIVARIATE DATA

Based on the variables types collected and used by financial analysts, profits, cash flow, risk, and even new product ideas are analyzed and estimated. The analysis of this data as statistics typically

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