M&A: Mergers and Acquisitions
Macaroni defense: The macaroni defense is a tactic used by a corporation that is the tar ...
Macaulay duration: The weighted-average term to maturity of the cash flows from the bond, ...
Macroeconomics: The subdivision of the discipline of economics that studies and strive ...
MAD: Moroccan Dirham from Morocco. Also used in Western Sahara.
Madrid Stock Exchange (Bolsa de Madrid): The largest of Spain's four stock exchange.
Magic of diversification: The effective reduction of risk (variance) of a portfolio, achieved wi ...
Mail float: Refers to the part of the collection and disbursement process where ch ...
Maintenance margin requirement: A sum, usually smaller than -but part of the original margin, which mu ...
Majority voting: Voting system under which each director is voted upon separately.
Make a market: A dealer is said to make a market when he quotes bid and offered price ...
Making delivery: Refers to the seller's actually turning over to the buyer the asset ag ...
Malcolm Balridge National Quality Award (MBNQA): The Award is named for Malcolm Balridge, who served as Secretary of Co ...
Managed float: Also known as "dirty" float, this is a system of floating exchange rat ...
Management BuyIn (MBI): This is when a small group of shareholders organise a take-over of a c ...
Management buyout (MBO): Leveraged buyout whereby the acquiring group is led by the firm's man ...
Management fee: An investment advisory fee charged by the financial advisor to a fund ...
Management/closely held shares: Percentage of shares held by persons closely related to a company, as ...
Managerial decisions: Decisions concerning the operation of the firm, such as the choice of ...
Mandatory redemption schedule: Schedule according to which sinking fund payments must be made.
Mangement's discussion: A report from management to the shareholders that accompanies the firm ...
Manufactured housing securities (MHSs): Loans on manufactured homes - that is, factory-built or prefabricated ...
Margin: This allows investors to buy securities by borrowing money from a brok ...
Margin account (Stocks): A leverageable account in which stocks can be purchased for a combinat ...
Margin call: A demand for additional funds because of adverse price movement. Maint ...
Margin of safety: With respect to working capital management, the difference between (a) ...
Margin requirement (Options): The amount of cash an uncovered (naked) option writer is required to ...
Marginal: Incremental.
Marginal tax rate: The tax rate that would have to be paid on any additional dollars of t ...
Mark: Person who is the object of a deceptive business practice.
Mark-to-market: The practice of revaluing an instrument ot reflect the current values ...
Marked-to-market: An arrangement whereby the profits or losses on a futures contract are ...
Market capitalization: The total dollar value of all outstanding shares. Computed as shares t ...
Market capitalization rate: Expected return on a security. The market-consensus estimate of the ap ...
Market clearing: Total demand for loans by borrowers equals total supply of loans from ...
Market Close: The term market close refers to the time of day that a market closes. ...
Market conversion price: Also called conversion parity price, the price that an investor effect ...
Market cycle: The period between the 2 latest highs or lows of the S&P 500, showing ...
Market impact costs: Also called price impact costs, the result of a bid/ask spread and a d ...
Market Index Deposits (MIDs): Bank certificates of deposit or deposit notes with a return linked to ...
Market Mix: The description of the four P's of marketing - i.e. Price, Place (Dist ...
Market model: This relationship is sometimes called the single-index model. The mark ...
Market order: This is an order to immediately buy or sell a security at the current ...
Market overhang: The theory that in certain situations, institutions wish to sell their ...
Market portfolio: A portfolio consisting of all assets available to investors, with each ...
Market price of risk: A measure of the extra return, or risk premium, that investors demand ...
Market prices: The amount of money that a willing buyer pays to acquire something fro ...
Market return: The return on the market portfolio.
Market risk: Risk that cannot be diversified away.
Market sectors: The classifications of bonds by issuer characteristics, such as state ...
Market segmentation or preferred habitat theory: A biased expectations theory that asserts that the shape of the yield ...
Market timer: A money manager who assumes he or she can forecast when the stock mark ...
Market timing: Asset allocation in which the investment in the market is increased if ...
Market timing costs: Costs that arise from price movement of the stock during the time of t ...
Market value: (a) The price at which a security is trading and could presumably be p ...
Market value ratios: Ratios that relate the market price of the firm's common stock to sele ...
Market value-weighted index: An index of a group of securities computed by calculating a weighted a ...
Market-if-touched (MIT): A price order, below market if a buy or above market if a sell, that a ...
Market-to-Book: Compares a stock's market value to the value of total assets less tota ...
Marketability: A negotiable security is said to have good marketability if there is a ...
Marketed claims: Claims that can be bought and sold in financial markets, such as those ...
Marketed Deal: An arrangement in a public share distribution whereby the price at whi ...
Marketplace price efficiency: The degree to which the prices of assets reflect the available marketp ...
Markowitz diversification: A strategy that seeks to combine assets a portfolio with returns that ...
Markowitz efficient frontier: The graphical depiction of the Markowitz efficient set of portfolios ...
Markowitz efficient portfolio: Also called a mean-variance efficient portfolio, a portfolio that has ...
Markowitz efficient set of portfolios: The collection of all efficient portfolios, graphically referred to as ...
Master limited partnership (MLP): A publicly traded limited partnership.
Matador bonds: Foreign bonds issued in Spain.
Match fund: A bank is said to match fund a loan or other asset when it does so by ...
Matched book: A bank runs a matched book when the distribution of maturities of its ...
Matching concept: The accounting principle that requires the recognition of all costs th ...
Materials requirement planning: Computer-based systems that plan backward from the production schedule ...
Mathematical programming: An operations research technique that solves problems in which an opti ...
Mature: To cease to exist; to expire.
Maturity: For a bond, the date on which the principal is required to be repaid. ...
Maturity factoring: Factoring arrangement that provides collection and insurance of accoun ...
Maturity phase: A phase of company development in which earnings continue to grow at t ...
Maturity spread: The spread between any two maturity sectors of the bond market.
Mavera Injunction: A court injunction preventing the trustee for a trust from transferrin ...
Maximum price fluctuation: The maximum amount the contract price can change, up or down, during o ...
MBA: Master of Business Administration. Degree awarded by business schools. ...
MBS Depository: A book-entry depository for GNMA securities. The depository was initia ...
MBS servicing: The requirement that the mortgage servicer maintain payment of the ful ...
McCarthyism: Character assassination. Joseph McCarthy was a Senator from Wisconsin ...
McJob: A low-paying position in service companies. One survey predicted that ...
MDL: Moldavian Leu from the Republic of Moldova.
Mean: The expected value of a random variable.
Mean of the sample: The arithmetic average; that is, the sum of the observations divided b ...
Mean-variance analysis: Evaluation of risky prospects based on the expected value and variance ...
Mean-variance criterion: The selection of portfolios based on the means and variances of their ...
Measurement error: Errors in measuring an explanatory variable in a regression that leads ...
Medium-term note (MTN): A corporate debt instrument that is continuously offered to investors ...
Medium-term or intermediate-term bonds: Bonds with a maturity of between five and twelve years.
Membership or a seat on the exchange: A limited number of exchange positions that enable the holder to trad ...
Merchandise: All movable goods such as cars, textiles, appliances, etc. and 'f.o.b. ...
Merchant bank: A British term for a bank that specializes not in lending out its own ...
Merger: Refers to negotiations between friendly parties who arrive at a mutual ...
MGF: Malagasy Franc from Madagascar.
Microeconomics: The subdivision of the discipline of economics that studies the behavi ...
Middle East dollar market: A Middle East dollar market exists in Bahrain where eurodollars and ot ...
Mimic: An imitation that sends a false signal.
Minimum price fluctuation: Smallest increment of price movement possible in trading a given contr ...
Minimum purchases: For mutual funds, the amount required to open a new account (Minimum I ...
Minimum-variance frontier: Graph of the lowest possible portfolio variance that is attainable for ...
Minimum-variance portfolio: The portfolio of risky assets with lowest variance.
Minority interest: An outside ownership interest in a subsidiary that is consolidated wit ...
MIP: Maximum Investment Plan
MIRAS: Mortgage Interest Relief at Source
Mismatch bond: Floating rate note whose interest rate is reset at more frequent inter ...
Mission-critical: Meaning "critical to the functioning or success of a business or pr ...
MKD: Macedonian Dinar from the former Yugoslav Republic of Macedonia.
MLF: Malian Franc from Mali.
MMK: Kyat from Myanmar (formerly known as Burma).
MNC: Multi-National Corporation
MNT: Tugrik from Mongolia.
Modeling: The process of creating a depiction of reality, such as a graph, pictu ...
Modern portfolio theory: Principles underlying the analysis and evaluation of rational portfoli ...
Modified duration: The ratio of Macaulay duration to (1 + y), where y = the bond yield. M ...
Modified pass-throughs: Agency pass-throughs that guarantee (a) timely interest payments and ( ...
Modigliani and Miller Proposition I: A proposition by Modigliani and Miller which states that a firm cannot ...
Modigliani and Miller Proposition II: A proposition by Modigliani and Miller which states that the cost of ...
Momentum: In technical analysis, the relative change in price over a specific ti ...
Mommy track: Damaging, dead end career status often afforded people with family res ...
Monetary / non-monetary method: Under this translation method, monetary items (e.g. cash, accounts pa ...
Monetary gold: Gold held by governmental authorities as a financial asset.
Monetary neutrality: A proposition that in the long run, a percentage rise in the money sup ...
Monetary policy: Actions taken by the Board of Governors of the Federal Reserve System ...
Money base: Composed of currency and coins outside the banking system plus liabili ...
Money center banks: Banks that raise most of their funds from the domestic and internation ...
Money market: Money markets are for borrowing and lending money for three years or l ...
Money market demand account: An account that pays interest based on short-term interest rates.
Money market fund: A mutual fund that invests only in short term securities, such as bank ...
Money market hedge: The use of borrowing and lending transactions in foreign currencies to ...
Money market notes: Publicly traded issues that may be collateralized by mortgages and MBS ...
Money purchase plan: A defined benefit contribution plan in which the participant contribut ...
Money rate of return: Annual money return as a percentage of asset value.
Money supply: M1-A: Currency plus demand deposits M1-B: M1-A plus other checkab ...
Monitor: To seek information about an agent's behavior; a device that provides ...
Monopsony: Literally, single buyer. A situation in which a single firm or individ ...
Monte Carlo simulation: An analytical technique for solving a problem by performing a large nu ...
Monthly income preferred security (MIP): Preferred stock issued by a subsidiary located in a tax haven. The su ...
Montreal Stock Exchange (MSE): One of the four major stock exchanges in Canada.
MOP: Pataca from Macao (also spelled Macau).
Moral hazard: The risk that the existence of a contract will change the behavior of ...
Mortality tables: Tables of probability that individuals of various ages will die within ...
Mortgage: A loan secured by the collateral of some specified real estate propert ...
Mortgage bond: A bond in which the issuer has granted the bondholders a lien against ...
Mortgage duration: A modification of standard duration to account for the impact on durat ...
Mortgage pass-through security: Also called a passthrough, a security created when one or more mortgag ...
Mortgage pipeline: The period from the taking of applications from prospective mortgage b ...
Mortgage rate: The interest rate on a mortgage loan.
Mortgage sector: Securities backed by mortgage loans. These are loans obtained by borro ...
Mortgage-backed securities (MBS): Securities backed by a pool of mortgage loans.
Mortgage-Backed Securities Clearing Corporation: A wholly owned subsidiary of the Midwest Stock Exchange that operates ...
Mortgage-pipeline risk: The risk associated with taking applications from prospective mortgage ...
Mortgagee: The lender of a loan secured by property.
Mortgager: The borrower of a loan secured by property.
Most distant futures contract: When several futures contracts are considered, the contract settling l ...
Moving average: The moving averages is one of the oldest and most popular of technical ...
MRO: Ouguiya from Mauritania. Also used in Western Sahara.
MSc: Master of Science. Degree awarded by postgraduate departments / busine ...
MTL: Maltese Lira from Malta.
MTP: Maltese Pound, replaced by the Maltese Lira (MTL).
Multi-option financing facility: A syndicated confirmed credit line with attached options.
Multicolinearity: One variable is the expression of the other
Multicurrency clause: Such a clause on a Euro loan permits the borrower to switch from one c ...
Multicurrency loans: Give the borrower the possibility of drawing a loan in different curre ...
Multifactor CAPM: A version of the capital asset pricing model derived by Merton that in ...
Multifamily loans: Loans usually represented by conventional mortgages on multi-family re ...
Multinational corporation: A firm that operates in more than one country.
Multiperiod immunization: A portfolio strategy in which a portfolio is created that will be capa ...
Multiple rates of return: More than one rate of return from the same project that make the net p ...
Multiple regression: The estimated relationship between a dependent variable and more than ...
Multiple-discriminant analysis (MDA): Statistical technique for distinguishing between two groups on the ba ...
Multiple-issuer pools: Under the GNMA-II program, pools formed through the aggregation of ind ...
Multiples: Another name for price/earnings ratios.
Multirule system: A technical trading strategy that combines mechanical rules, such as t ...
Municipal bond: State or local governments offer muni bonds or municipals, as they are ...
Municipal notes: Short-term notes issued by municipalities in anticipation of tax recei ...
MUR: Mauritius Rupee from Mauritius.
Mutual fund: Mutual funds are pools of money that are managed by an investment comp ...
Mutual Fund Switching Privileges: Allow an investor to switch out of and into a different fund(s) within ...
Mutual fund theorem: A result associated with the CAPM, asserting that investors will choos ...
Mutual Legal Assistance Treaty (MLAT): An agreement among the U.S. and many Caribbean countries for the excha ...
Mutual offset: A system, such as the arrangement between the CME and SIMEX, which all ...
Mutually exclusive investment decisions: Investment decisions in which the acceptance of a project precludes t ...
MVA: Market Value Added (MVA) = market value - invested capital. M ...
MVR: Rufiyaa from Maldives.
MWK: Malawian Kwacha from Malawi.
MXN: Mexican New Peso (replacement for Mexican Peso) from Mexico.
MXP: Mexican Peso (replaced by Mexican New Peso (MXN))
MYR: Ringgit (also known as Malaysian Dollar) from Malaysia.
MZM: Metical from Mozambique.
Macaroni defense: The macaroni defense is a tactic used by a corporation that is the tar ...
Macaulay duration: The weighted-average term to maturity of the cash flows from the bond, ...
Macroeconomics: The subdivision of the discipline of economics that studies and strive ...
MAD: Moroccan Dirham from Morocco. Also used in Western Sahara.
Madrid Stock Exchange (Bolsa de Madrid): The largest of Spain's four stock exchange.
Magic of diversification: The effective reduction of risk (variance) of a portfolio, achieved wi ...
Mail float: Refers to the part of the collection and disbursement process where ch ...
Maintenance margin requirement: A sum, usually smaller than -but part of the original margin, which mu ...
Majority voting: Voting system under which each director is voted upon separately.
Make a market: A dealer is said to make a market when he quotes bid and offered price ...
Making delivery: Refers to the seller's actually turning over to the buyer the asset ag ...
Malcolm Balridge National Quality Award (MBNQA): The Award is named for Malcolm Balridge, who served as Secretary of Co ...
Managed float: Also known as "dirty" float, this is a system of floating exchange rat ...
Management BuyIn (MBI): This is when a small group of shareholders organise a take-over of a c ...
Management buyout (MBO): Leveraged buyout whereby the acquiring group is led by the firm's man ...
Management fee: An investment advisory fee charged by the financial advisor to a fund ...
Management/closely held shares: Percentage of shares held by persons closely related to a company, as ...
Managerial decisions: Decisions concerning the operation of the firm, such as the choice of ...
Mandatory redemption schedule: Schedule according to which sinking fund payments must be made.
Mangement's discussion: A report from management to the shareholders that accompanies the firm ...
Manufactured housing securities (MHSs): Loans on manufactured homes - that is, factory-built or prefabricated ...
Margin: This allows investors to buy securities by borrowing money from a brok ...
Margin account (Stocks): A leverageable account in which stocks can be purchased for a combinat ...
Margin call: A demand for additional funds because of adverse price movement. Maint ...
Margin of safety: With respect to working capital management, the difference between (a) ...
Margin requirement (Options): The amount of cash an uncovered (naked) option writer is required to ...
Marginal: Incremental.
Marginal tax rate: The tax rate that would have to be paid on any additional dollars of t ...
Mark: Person who is the object of a deceptive business practice.
Mark-to-market: The practice of revaluing an instrument ot reflect the current values ...
Marked-to-market: An arrangement whereby the profits or losses on a futures contract are ...
Market capitalization: The total dollar value of all outstanding shares. Computed as shares t ...
Market capitalization rate: Expected return on a security. The market-consensus estimate of the ap ...
Market clearing: Total demand for loans by borrowers equals total supply of loans from ...
Market Close: The term market close refers to the time of day that a market closes. ...
Market conversion price: Also called conversion parity price, the price that an investor effect ...
Market cycle: The period between the 2 latest highs or lows of the S&P 500, showing ...
Market impact costs: Also called price impact costs, the result of a bid/ask spread and a d ...
Market Index Deposits (MIDs): Bank certificates of deposit or deposit notes with a return linked to ...
Market Mix: The description of the four P's of marketing - i.e. Price, Place (Dist ...
Market model: This relationship is sometimes called the single-index model. The mark ...
Market order: This is an order to immediately buy or sell a security at the current ...
Market overhang: The theory that in certain situations, institutions wish to sell their ...
Market portfolio: A portfolio consisting of all assets available to investors, with each ...
Market price of risk: A measure of the extra return, or risk premium, that investors demand ...
Market prices: The amount of money that a willing buyer pays to acquire something fro ...
Market return: The return on the market portfolio.
Market risk: Risk that cannot be diversified away.
Market sectors: The classifications of bonds by issuer characteristics, such as state ...
Market segmentation or preferred habitat theory: A biased expectations theory that asserts that the shape of the yield ...
Market timer: A money manager who assumes he or she can forecast when the stock mark ...
Market timing: Asset allocation in which the investment in the market is increased if ...
Market timing costs: Costs that arise from price movement of the stock during the time of t ...
Market value: (a) The price at which a security is trading and could presumably be p ...
Market value ratios: Ratios that relate the market price of the firm's common stock to sele ...
Market value-weighted index: An index of a group of securities computed by calculating a weighted a ...
Market-if-touched (MIT): A price order, below market if a buy or above market if a sell, that a ...
Market-to-Book: Compares a stock's market value to the value of total assets less tota ...
Marketability: A negotiable security is said to have good marketability if there is a ...
Marketed claims: Claims that can be bought and sold in financial markets, such as those ...
Marketed Deal: An arrangement in a public share distribution whereby the price at whi ...
Marketplace price efficiency: The degree to which the prices of assets reflect the available marketp ...
Markowitz diversification: A strategy that seeks to combine assets a portfolio with returns that ...
Markowitz efficient frontier: The graphical depiction of the Markowitz efficient set of portfolios ...
Markowitz efficient portfolio: Also called a mean-variance efficient portfolio, a portfolio that has ...
Markowitz efficient set of portfolios: The collection of all efficient portfolios, graphically referred to as ...
Master limited partnership (MLP): A publicly traded limited partnership.
Matador bonds: Foreign bonds issued in Spain.
Match fund: A bank is said to match fund a loan or other asset when it does so by ...
Matched book: A bank runs a matched book when the distribution of maturities of its ...
Matching concept: The accounting principle that requires the recognition of all costs th ...
Materials requirement planning: Computer-based systems that plan backward from the production schedule ...
Mathematical programming: An operations research technique that solves problems in which an opti ...
Mature: To cease to exist; to expire.
Maturity: For a bond, the date on which the principal is required to be repaid. ...
Maturity factoring: Factoring arrangement that provides collection and insurance of accoun ...
Maturity phase: A phase of company development in which earnings continue to grow at t ...
Maturity spread: The spread between any two maturity sectors of the bond market.
Mavera Injunction: A court injunction preventing the trustee for a trust from transferrin ...
Maximum price fluctuation: The maximum amount the contract price can change, up or down, during o ...
MBA: Master of Business Administration. Degree awarded by business schools. ...
MBS Depository: A book-entry depository for GNMA securities. The depository was initia ...
MBS servicing: The requirement that the mortgage servicer maintain payment of the ful ...
McCarthyism: Character assassination. Joseph McCarthy was a Senator from Wisconsin ...
McJob: A low-paying position in service companies. One survey predicted that ...
MDL: Moldavian Leu from the Republic of Moldova.
Mean: The expected value of a random variable.
Mean of the sample: The arithmetic average; that is, the sum of the observations divided b ...
Mean-variance analysis: Evaluation of risky prospects based on the expected value and variance ...
Mean-variance criterion: The selection of portfolios based on the means and variances of their ...
Measurement error: Errors in measuring an explanatory variable in a regression that leads ...
Medium-term note (MTN): A corporate debt instrument that is continuously offered to investors ...
Medium-term or intermediate-term bonds: Bonds with a maturity of between five and twelve years.
Membership or a seat on the exchange: A limited number of exchange positions that enable the holder to trad ...
Merchandise: All movable goods such as cars, textiles, appliances, etc. and 'f.o.b. ...
Merchant bank: A British term for a bank that specializes not in lending out its own ...
Merger: Refers to negotiations between friendly parties who arrive at a mutual ...
MGF: Malagasy Franc from Madagascar.
Microeconomics: The subdivision of the discipline of economics that studies the behavi ...
Middle East dollar market: A Middle East dollar market exists in Bahrain where eurodollars and ot ...
Mimic: An imitation that sends a false signal.
Minimum price fluctuation: Smallest increment of price movement possible in trading a given contr ...
Minimum purchases: For mutual funds, the amount required to open a new account (Minimum I ...
Minimum-variance frontier: Graph of the lowest possible portfolio variance that is attainable for ...
Minimum-variance portfolio: The portfolio of risky assets with lowest variance.
Minority interest: An outside ownership interest in a subsidiary that is consolidated wit ...
MIP: Maximum Investment Plan
MIRAS: Mortgage Interest Relief at Source
Mismatch bond: Floating rate note whose interest rate is reset at more frequent inter ...
Mission-critical: Meaning "critical to the functioning or success of a business or pr ...
MKD: Macedonian Dinar from the former Yugoslav Republic of Macedonia.
MLF: Malian Franc from Mali.
MMK: Kyat from Myanmar (formerly known as Burma).
MNC: Multi-National Corporation
MNT: Tugrik from Mongolia.
Modeling: The process of creating a depiction of reality, such as a graph, pictu ...
Modern portfolio theory: Principles underlying the analysis and evaluation of rational portfoli ...
Modified duration: The ratio of Macaulay duration to (1 + y), where y = the bond yield. M ...
Modified pass-throughs: Agency pass-throughs that guarantee (a) timely interest payments and ( ...
Modigliani and Miller Proposition I: A proposition by Modigliani and Miller which states that a firm cannot ...
Modigliani and Miller Proposition II: A proposition by Modigliani and Miller which states that the cost of ...
Momentum: In technical analysis, the relative change in price over a specific ti ...
Mommy track: Damaging, dead end career status often afforded people with family res ...
Monetary / non-monetary method: Under this translation method, monetary items (e.g. cash, accounts pa ...
Monetary gold: Gold held by governmental authorities as a financial asset.
Monetary neutrality: A proposition that in the long run, a percentage rise in the money sup ...
Monetary policy: Actions taken by the Board of Governors of the Federal Reserve System ...
Money base: Composed of currency and coins outside the banking system plus liabili ...
Money center banks: Banks that raise most of their funds from the domestic and internation ...
Money market: Money markets are for borrowing and lending money for three years or l ...
Money market demand account: An account that pays interest based on short-term interest rates.
Money market fund: A mutual fund that invests only in short term securities, such as bank ...
Money market hedge: The use of borrowing and lending transactions in foreign currencies to ...
Money market notes: Publicly traded issues that may be collateralized by mortgages and MBS ...
Money purchase plan: A defined benefit contribution plan in which the participant contribut ...
Money rate of return: Annual money return as a percentage of asset value.
Money supply: M1-A: Currency plus demand deposits M1-B: M1-A plus other checkab ...
Monitor: To seek information about an agent's behavior; a device that provides ...
Monopsony: Literally, single buyer. A situation in which a single firm or individ ...
Monte Carlo simulation: An analytical technique for solving a problem by performing a large nu ...
Monthly income preferred security (MIP): Preferred stock issued by a subsidiary located in a tax haven. The su ...
Montreal Stock Exchange (MSE): One of the four major stock exchanges in Canada.
MOP: Pataca from Macao (also spelled Macau).
Moral hazard: The risk that the existence of a contract will change the behavior of ...
Mortality tables: Tables of probability that individuals of various ages will die within ...
Mortgage: A loan secured by the collateral of some specified real estate propert ...
Mortgage bond: A bond in which the issuer has granted the bondholders a lien against ...
Mortgage duration: A modification of standard duration to account for the impact on durat ...
Mortgage pass-through security: Also called a passthrough, a security created when one or more mortgag ...
Mortgage pipeline: The period from the taking of applications from prospective mortgage b ...
Mortgage rate: The interest rate on a mortgage loan.
Mortgage sector: Securities backed by mortgage loans. These are loans obtained by borro ...
Mortgage-backed securities (MBS): Securities backed by a pool of mortgage loans.
Mortgage-Backed Securities Clearing Corporation: A wholly owned subsidiary of the Midwest Stock Exchange that operates ...
Mortgage-pipeline risk: The risk associated with taking applications from prospective mortgage ...
Mortgagee: The lender of a loan secured by property.
Mortgager: The borrower of a loan secured by property.
Most distant futures contract: When several futures contracts are considered, the contract settling l ...
Moving average: The moving averages is one of the oldest and most popular of technical ...
MRO: Ouguiya from Mauritania. Also used in Western Sahara.
MSc: Master of Science. Degree awarded by postgraduate departments / busine ...
MTL: Maltese Lira from Malta.
MTP: Maltese Pound, replaced by the Maltese Lira (MTL).
Multi-option financing facility: A syndicated confirmed credit line with attached options.
Multicolinearity: One variable is the expression of the other
Multicurrency clause: Such a clause on a Euro loan permits the borrower to switch from one c ...
Multicurrency loans: Give the borrower the possibility of drawing a loan in different curre ...
Multifactor CAPM: A version of the capital asset pricing model derived by Merton that in ...
Multifamily loans: Loans usually represented by conventional mortgages on multi-family re ...
Multinational corporation: A firm that operates in more than one country.
Multiperiod immunization: A portfolio strategy in which a portfolio is created that will be capa ...
Multiple rates of return: More than one rate of return from the same project that make the net p ...
Multiple regression: The estimated relationship between a dependent variable and more than ...
Multiple-discriminant analysis (MDA): Statistical technique for distinguishing between two groups on the ba ...
Multiple-issuer pools: Under the GNMA-II program, pools formed through the aggregation of ind ...
Multiples: Another name for price/earnings ratios.
Multirule system: A technical trading strategy that combines mechanical rules, such as t ...
Municipal bond: State or local governments offer muni bonds or municipals, as they are ...
Municipal notes: Short-term notes issued by municipalities in anticipation of tax recei ...
MUR: Mauritius Rupee from Mauritius.
Mutual fund: Mutual funds are pools of money that are managed by an investment comp ...
Mutual Fund Switching Privileges: Allow an investor to switch out of and into a different fund(s) within ...
Mutual fund theorem: A result associated with the CAPM, asserting that investors will choos ...
Mutual Legal Assistance Treaty (MLAT): An agreement among the U.S. and many Caribbean countries for the excha ...
Mutual offset: A system, such as the arrangement between the CME and SIMEX, which all ...
Mutually exclusive investment decisions: Investment decisions in which the acceptance of a project precludes t ...
MVA: Market Value Added (MVA) = market value - invested capital. M ...
MVR: Rufiyaa from Maldives.
MWK: Malawian Kwacha from Malawi.
MXN: Mexican New Peso (replacement for Mexican Peso) from Mexico.
MXP: Mexican Peso (replaced by Mexican New Peso (MXN))
MYR: Ringgit (also known as Malaysian Dollar) from Malaysia.
MZM: Metical from Mozambique.
