The Fed has defined three monetary agregates (M1, M2 and M3) to measure the…
The Fed has defined three monetary agregates (M1, M2 and M3) to measure the…
The Fed has defined three monetary agregates (M1, M2 and M3) to measure the…
The broadest measure of money supply in use by Euro-zone nations. It includes…
The broadest monetary aggregate, accounting for all New Zealand Dollars in…
In 1938, Frederick R. Macaulay defined Duration as the total weighted average…
The currency of Macau.See GoCurrency World Currencies Page & Currency Converter
The moving average convergence divergence (MACD) uses two exponential moving…
The MACD Histogram is useful for anticipating changes in trend.OverviewThe MACD…
The currency of Macedonia, ISO currency symbol MKD. Learn more about Macedonia and the Macedonian Denar at GoCurrency.com
The total value of machinery orders placed at major manufacturers in Japan…
Tracks trends in machine tool orders placed by major manufacturers in Japan…
The word macro means large, or relating to an entire system. When pertaining…
Macroeconomics studies the overall aspects and workings of a national economy…
A macro-hedge is an investment technique designed to reduce or eliminate the…
MODIFIED ACCELERATED COST RECOVERY SYSTEM (MACRS)is a modification of the Accelerated…
The ISO code for Morrocco Dirham. Learn more about Morrocco and the Morrocco Dirham at GoCurrency.com
Currency in Madagascar: Malagasy franc (MGF.
Previously the currency of Madeira. Madeira is part of Portugal and is fully…
Maintenance, also referred to as “minimum maintenance” or “maintenance requirement”,…
The maintenance bond is the set minimum value that the trader must maintain…
The maintenance call, also called a margin call, is a demand by the broker/dealer…
A charge assessed on some types of brokerage accounts, such as asset management…
Ownership of a sufficient number of a coporation’s voting shares to control…
A person or one of a small group of shareholders who owns more than 50% of the…
A comprehensive type of insurance that covers the remaining medical expenses…
To be willing and capable to buy or sell a particular security as a dealer.
The manufacturer of a product. Also known as producer.
A provision that allows a borrower to prepay the remaining fixed rate term debt,…
See delivery
The official currency of Malwai. Learn more about Malawi and the Malwai Kwacha at GoCurrency.com
The currency of Maldives.See GoCurrency World Currencies Page & Currency Converter
The currency of Mali.See GoCurrency World Currencies Page & Currency Converter
Improper or immoral conduct, negligence or breach of duty in the performance…
The currency of Malta.See GoCurrency World Currencies Page & Currency Converter
An account for which the holder gives his or her broker the authority to buy…
An economy, directed by a governing body.
The decision-making unit of a business.
The purchase of a controlling interest of a firm by an outside investor who leaves management unchanged.
The purchase of a controlling interest of a firm by an outside investor who leaves management unchanged.
The firm that organizes, manages, and administers a mutual fund.
A fee paid to a mutual fund’s managers in exchange for their services, which…
Section in a quarterly or annual report in which the firm’s executives describe the prior period and the current outlook.
The person responsible for the overall strategy and the specific buying and..
A commercial or investment bank with the main responsibility of organizing a…
A direct order.
A written declaration of intent or principles.
Any attempt to affect or control the price of a security through trading. Illegal.
A report released by Business New Zealand commenting on the PMI, the New Zealand…
The ratio of inventory to shipments at Canadian manufacturing firms. By examining…
The ratio of inventory to shipments at Canadian manufacturing firms. By examining…
All manufacturing costs outside than direct labor and materials.
The Euro-zone Manufacturing Purchasing Managers Index (PMI) assesses business…
A monthly guage of manufacturing activity and future outlook. The CIPS PMI is…
Manufacturing Purchasing Manager Index (survey) – German Gauge for overall performance…
Gauge for overall performance of the German manufacturing sector. Through asking…
Gauge for overall performance of the German manufacturing sector. Through asking…
A Canadian gold coin.
Margin is a good faith deposit that a trader puts up as collateral to hold a…
A stock approved for buying on margin.
A type of account in which the brokerage lends the client cash with which to…
A document signed by an individual in need of opening a margin account. Also known as hypothecation agreement.
Having a very small quantity.
A technique, in microeconomics, where minimal changes in certain variables are…
The additional cost of one extra unit of production. Also known as incremental cost.
A lender who refuses to make the loan in the case that the interest rate is lowered.
An economic term, relating to the consumption changes in response to an incremental change in disposable income.
The tax rate paid on the last dollar of one’s income (a.k.a. the marginal tax rate).
The additional revenue associated with one extra unit of production.
See marginal rate
The additional benefit gained from the consumption of one additional unit of a good or service.
A technique involving the purchase of securities with borrowed money. The amount…
A call from a broker to a client (a.k.a. a maintenance margin call) or from…
The inclination of many firms to focus only on the high-margin, high-end products, even if clients have become value-oriented.
A loan from a broker to a client that functions as a margin account, which may be used for any purpose.
The interest rate charged by a broker.
The quantity of money that an investor must deposit in a margin account before…
A tax benefit that allows one spouse to transfer upon death an unlimited amount of property directly to his or her spouse.
The price differential between the highest current bid price among dealers and…
An open place or a covered building where buyers and sellers convene for the sale of goods; a marketplace
A measure of the likelihood that a security can be purchased and sold. High…
Securities that can be easily converted into cash, resulting in them to be sold at a reasonable price very quickly.
Securities that can be easily converted into cash, resulting in them to be sold at a reasonable price very quickly.
The examination of market trends, with the goal of predicting.
See basket
The proportion of the overall market that is participating in the market’s up or down move. Also known as breadth.
See capitalization
See capitalization. Also known as market capitalization.
Abbreviated as MCAP, market capitalization refers to the aggregate value of…
The price that an investor effectively pays for common stock through the purchasing…
A system of allocating resources based only on the interaction of market forces,…
A mandate that becomes a market order if and when the specified price is reached.
An index used to measure price changes of an overall market, such as the stock…
A condition in which current prices do not reflect all the publicly available…
The process by which goods and services are advertised to the marketplace.
An advisory newsletter sent by a brokerage to its clients, providing market commentary and investment recommendations.
A brokerage or bank that maintains a firm bid and ask price in a given security…
The difference between the price at which a market maker is willing to buy a…
An investment strategy that attempts to produce the same profit regardless of…
A market order, where the floor trader has the discretion to execute the order when he or she feels it is best.
A buy or sell order, executed as near as possible to the end of the day.
A buy or sell order in which the broker is to execute the order at the market’s…
See open.
A buy or sell order in which the broker is to execute the order at the best…
A concept used in Modern Portfolio Theory, referring to a hypothetical portfolio…
A security’s last reported sale price or its current bid and ask prices (i.e….
The prevailing interest rate available at any given time.
The collection of data, regarding consumers, market niches, and the effectiveness of marketing programs.
The overall return on the market as a whole, called the market portfolio. Used in the CAPM.
The risk associated to an entire class of assets or liabilities. Also known as systematic risk.
A marketing strategy that targets a group of clients with specific characteristics.
The proportion of the total sales of a given type of good or service attributed to a given firm.
A type of stock index in which every stock affects the index in proportion to its number of outstanding shares.
The department responsible for investigating and preventing illicit trading practices on the Nasdaq market.
Someone who believes that he or she can predict the future direction of a market.
The attempt to predict future market directions, by way of examining recent…
The last reported sale price of a security, or the current bid and ask price…
A type of stock index in which each stock affects the index in proportion to…
Abbreviated as VIX. An index designed to track market volatility as a discrete…
The recording of the price or value of a security or account on a daily basis.
The gap between the lowest current offering price among dealers and the higher…
A penalty in which most married people collectively pay more in taxes, whether…
A tax filing status where a married couple files a single tax return, with the…
A case in which a married couple is filing two separate tax returns, one for each individual.
The purchase of a put option on a stock, and protects against a decline in the price of the underlying stock.
The currency of Martinique.See GoCurrency World Currencies Page & Currency Converter
The mass production of goods catering towards individual specifications.
The Mass Index is a range oscillator that uses changes in daily trading price…
An extensive, non-targeted demographic.
The production of a good on a large scale.
An investment combining the tax benefits of a limited partnership with the liquidity of publicly traded securities.
The commercial paper issued by large, creditworthy firms to banks.
An insurance policy issued to an employer, creating a group insurance plan.
Two balancing transactions.
A type of dealer’s account in which borrowing costs equal the interest earned on loans.
Maturities whose assets and liabilities have equal maturities, used in order to reduce interest rate risk.
A type of employer contribution to an employee retirement fund, where employee…
The illicit action of simultaneously entering identical or nearly identical…
The information pertaining to the affect a stock’s price after it becomes known…
See material information.
The information pertaining to the affect a stock’s price after it becomes known…
The swapping of bonds, designed to profit from unusual yield curve differentials between bonds of different ratings or classes.
Having the characteristic of being due for payment, or completed.
A type of economy in which the population has stabilized or is in decline.
A market that has reached a state of equilibrium marked by the absence of significant growth or innovation.
The date on which a debt becomes due for payment. Also known as maturity date.
A bond’s interest divided by its maturity value.
The date at which a debt is due for repayment. With notes, drafts, acceptance…
A method of attempting to quantify interest rate risk by comparing the potential…
The amount that will be collected at the time a security is redeemed at its…
The currency of Mauritania.See GoCurrency World Currencies Page & Currency Converter
The currency of Mauritius.See GoCurrency World Currencies Page & Currency Converter
An expert or pundit.
The largest price change permitted for a given futures contract in a single…
May Day refers to May 1, 1975, the date on which fixed minimum brokerage commissions…
Gauges demand for mortgage application in the US . Tracking new home mortgages…
Acronym for Municipal Bond Insurance Association. A group of insurance companies…
Acronym for Mortgage-Backed Security. Security backed by a pool of mortgages,…
A short to mid-term leading indicator, based on a market Index (NYSE, etc),…
A short to mid-term leading indicator, based on a market Index (NYSE, etc),…
The ISO currency code for the Moldova Lei. Learn more about Moldova and the Moldovan Leu at GoCurrency.com
The mathematical average of a data set. Both technical and fundamental analysts…
In the context of security analysis, meant return refers to the average expected return of a given investment or portfolio.
The purchasing of advertisements from a firm that operates media properties.
An packet containing information about a particular business or product.
A statistical term, determined by arranging the values in order and then selecting…
An informal and voluntary process intended to resolve conflicts, without resorting to any formal arbitration or litigation.
A federal and state-funded program, paying for medical care for those who are unable tot afford it.
A federal program that provides transfer payments for certain health care expenses for people aged 65 or older.
A firm with a market capitalization of over $1 billion, but below $5 billion….
Any unit that is widely accepted in exchange for the goods and services offered to consumers in a given market (i.e. currency)
A period of time referring to 2-10 years, often used in reference to bonds. Also known as intermediate-term.
A period of time referring to 2-10 years, often used in reference to bonds. Also known as intermediate-term.
A type of auto insurance, paying for medical and funeral expenses resulting…
A bank belonging to the Federal Reserve System; or more generally, a bank that…
A broker in which at least one of the general partners is a member of an exchange,…
A discounted commission rate charged to an exchange member who is not a member of the clearing association.
The percentage of short sales in a given week, associated with NYSE member accounts….
An exchange in which financial futures, foreign currency futures, commodity…
Of or pertaining to retail products.
The Merchandise Trade Balance is a measure of “visible” trade, which is trade…
An individual who profits by purchasing items at wholesale prices and sell them at retail prices.
A British term for an investment bank.
The integration of two or more entities into one, through a purchase acquisition or a pooling of interests.
The currency of Mexico. Learn more about Mexico and the Mexican Peso at GoCurrency.com
A type of debt that incorporates equity-based options, such as warrants, with…
A late-stage venture capital, often the final round of financing prior to an IPO.
A term used to describe venture capital, referring to a firm that is somewhere between startup and IPO.
The ISO currency code for the Madagascar.
The word micro means small, or referring to one item in a system. When pertaining…
Having the characteristics of being under $250 million capitalization.
A branch of economics, studying the behavior of small economic units (i.e. individual…
A Micro-Hedge is a risk mitigating technique, where an investor reduces or eliminates…
An electronic transaction consisting of the transfer of a small quantity of money.
Falling in the range of $1 billion to $5 billion capitalization.
An intermediary between a manufacturer and a consumer.
The Middle Office is the group of employees in a financial services company…
The currency of Midway Island.See GoCurrency World Currencies Page & Currency Converter
A significant achievement; an intermediate goal.
Referring to one tenth of a penny; often used in property tax assessment.
The tax per dollar of assessed value of property. The rate is expressed in “”mills”",…
A technical analysis technique which relies on relative strength.
The minimum annual required distribution amount for an IRA holder who reaches…
The smallest possible movement, either up or down, in the price of a security. Also known as tick.
Quantities of cash and/or securities deposited in a brokerage account to fulfill…
The smallest sum of money that can be paid on a revolving charge account to avoid a penalty.
The smallest hourly wage that an employee may be paid in exchange for his labor, as stipulated by federal law.
A yield to call or yield to maturity, depending on which is lower.
A person who has not yet reached the legal age, generally considered to be 18.
See minority ownership.
Having the characteristics of owning less than 50% ownership of a corporation’s…
The price of an ounce of gold divided by the price of an ounce of silver.
A stock market transaction (or sometimes, a quote) at a price lower than the…
The condition in which a convertible bond is selling at a premium higher than the interest yield on the bond.
The official record, regarding a corporate meeting.
The Federal Open Market Committee (FOMC) began publishing the minutes for its…
The currency of Miquelon.See GoCurrency World Currencies Page & Currency Converter
An index combining both the unemployment rate and inflation rate, and used to gauge consumer confidence.
To reduce the impact and affects of an incident.
An account with a long position in one or more securities and a short position in one or more other securities.
A cost combining both fixed and variable elements.
A market with no clear trend, with about the same number of advancing and declining stocks.
The ISO currency code for the Macedonia Denar. Learn more about Macedonia and the Macedonian Denar at GoCurrency.com
Acronym for Multi-Level Marketing. A sales system under which the salesperson…
The ISO code for Myanmar Kyat. Learn more about Myanmar and the Myanmar Kyat at GoCurrency.com
The ISO code for the Mongolian Tugrug. Learn more about Mongolia and the Mongolian Tugrug at GoCurrency.com
The yield spread between tax-free municipal bonds and treasury bonds with the same maturity.
A statistical term, referring to an average found by determining the most frequent value in a group of values.
A theoretical representation of a system that permits the investigation of the…
The designing and analyzing a mathematical representation of an economic system,…
The overall investment strategy that attemps to construct an optimal portfolio…
Abbreviated as MACRS. Depreciation methods applied to assets placed in service…
The book value on a firm’s balance sheet after assets and liabilities are adjusted…
The bookkeeping practice of recording sales and expenses on an accrual basis…
Modified Duration is a formula used to express the measurable change in a securities’…
A pass-through that promises timely interest payments, and principal payments…
Refers to the standard operating procedure.
A powerful and wealthy business person. Also known as tycoon.
The The currency of Moldova. Learn more about Moldova and the Moldovan Leu at GoCurrency.com
Momentum is the measure of the speed of price change, which can sometimes serve…
A type of technical analysis indicator that seeks to predict future market trends based on recent price and volume data.
Slang An investment executed based solely on momentum, without regard for fundamentals.
The currency of Monaco.
An economist who considers money supply to be the most important factor in macroeconomic stability.
Of or pertaining to money. The word is often used in the context of macroeconomics (i.e. monetary policy and monetary indicators).
Currency supplied by the Bank of Japan. The Monetary Base includes all banknotes…
An indicator of the effect that the money supply has on the economy, and are…
The policy enacted by a central bank in order to control money supply in their…
Overview – Monetary policy, money and interest rates reports, coincidentally,…
A governing body’s stockpile of foreign currency and precious metals, useful…
The paying off of government debt by printing more money, often leading to inflation.
Legal tender or cash.
A debt which must be paid upon demand.
A large bank in a major financial center that borrows from and lends to governments,…
An interest rate divided by 2400. The money factor is used to calculate the…
Money Flow is a technical indicator used with exchange-traded securities to…
Money Flow is a technical indicator used with exchange-traded securities to…
Using Money Flow Article by Dan Hung of The Curious Investor Money Flow on bigcharts.com…
1. The management of a client’s investments by a financial services company….
A person responsible for the financial portfolio of an individual or other entity,…
The market for short-term debt securities (i.e. banker’s acceptances, commercial…
A savings account, sharing many of the characteristics of a money market fund….
A savings account, sharing many of the characteristics of a money market fund….
An open-end mutual fund, investing solely in money markets. These funds invest…
The borrowing and lending in multiple currencies, (i.e. to eliminate currency…
An open-end mutual fund, investing solely in money markets. These funds invest…
A financial instrument, issued by a bank or other financial institution, allowing…
A defined, contribution plan in which the amount of contributions each employee…
The total supply of money in circulation in a given country’s economy at a specific…
Measure of the money supply used by the Bank of Japan. The figure includes…
The currency of Mongolia. Learn more about Mongolia and the Mongolian Tugrug at GoCurrency.com
A type of competition in microeconomics in which several or many sellers each…
A type of competition in microeconomics in which a single firm owns all or nearly…
A type of market structure in microeconomics in which there is only one client…
An analytical technique in which a large number of theoretical simulations are…
Monthly and Annual Wholesale Price Index – Germany Measures changes in the prices…
Measures changes in the prices paid by retailers for finished goods. Growth…
Monthly report of the deficit or surplus held by the U.S. government. The report…
A monthly report sent by a brokerage to each of its clients, outlining details…
The currency of Montserrat.See GoCurrency World Currencies Page & Currency Converter
One of the most prominent credit rating agencies in the U.S.
The ISO currency code for the Macau Pataca.
The risk that the presence of a contract will have an affect on the behavior…
A type of state-issued municipal bond that is backed by a moral but not a legal, obligation.
The application of pressure by an authority figure in order to get members to adhere to a policy.
A period of time during which a certain activity is not permitted or required.
A bank loan to a broker for the purchase of securities, Also known as day loan.
A system created by Morningstar Inc, that ranks mutual funds based on their…
The official currency of Morrocco. Learn more about Morrocco and the Morrocco Dirham at GoCurrency.com
Actuarial tables used in the insurance industry in order to predict the life…
A loan used to finance the purchase of real estate, generally with specified payment periods and interest rates.
A security backed by a pool of mortgages, Also known as mortgage-backed securities.
The plural of mortgage-backed security
Abbreviated as MBS, refers to a security backed by a pool of mortgages, such…
A banker who sells, and services mortgages in the secondary mortgage market.
The packaging of mortgage loans for sale to investors.
A type of bond that is secured by a mortgage on a property, and backed by real estate or physical equipment that can be liquidated.
An individual or firm that brings borrowers and lenders together for the purpose of loan origination.
A debt created by a mortgage and secured by the mortgaged property.
The creditor or lender in a mortgage agreement.
Insurance protecting a credit lender against the loss from a mortgagor’s default,…
A federal tax deduction awarded for interest paid on a mortgage used to buy,…
A legal claim against a mortgaged property, which must be paid when the property is sold.
An insurance policy guaranteeing the lender of the full payment of the mortgage…
A mortgage loan refers to a debt instrument, in which a real-estate property…
A note that offers a mortgage as proof of a debt, and describes the terms under which the mortgage is to be repaid.
A security consisting of a group of residential mortgage loans, which are all…
A group of related financial instruments, such as mortgages, combined for resale…
The individual borrowing in a mortgage agreement. Also known as mortgagor.
‘Mortgage’ refers to a debt instrument, in which a real-estate property is able…
Abbreviated as REIT, refers to investments in mortgages; some also borrow money…
The likelihood that a mortgagor will fail to make timely principal and interest…
The administering of a mortgage, including the calculation of the principal…
The individual borrowing in a mortgage agreement.
The stocks on an exchange with the highest volume over a given period, generally a single trading session.
The month of an option contract or futures contract with the latest delivery date. Also known as far month or furthest month.
Change or fluctuations in price, value, or rate.For example, we would say EURUSD…
The moving average convergence divergence (MACD) uses two exponential moving…
The moving average convergence divergence (MACD) uses two exponential moving…
What is a moving average?Moving averages simply measure the average price or…
The currency of Mozambique.See GoCurrency World Currencies Page & Currency Converter
Warren Buffett’s idea that the stock market is a single individual (Mr. Market),…
The ISO currency code for the Mauritania Ouguiya.
Acronym for Most recent quarter, the last completed quarter.
Acronym for Morgan Stanley Capital International, a firm that constructs a variety…
Acronym for Manufacturer’s Suggested Retail Price, most commonly used to refer to new cars.
The ISO currency code for the Maltese Lira.
Abbreviated as MLM, which refers to a sales system under which the salesperson…
A firm that operates in more than one nation.
A ratio, generally greater than 1. Sometimes used to mean price/earnings ratio.
The separation of a firm’s common stock into multiple classes (i.e. Class A…
Abbreviated as MLS, which refers to a group of brokers joined together in a…
In economic terms, a number indicating the magnitude of a particular macroeconomic…
The concept that the magnitude of the overall change in GDP resulting from a…
Abbreviation for municipal bond.
Of or pertaining to city government, as opposed to state or national government. F
A bond issued by a state, city, or local government, where the revenue is used…
A mutual fund, investing in municipal bonds. Also known as muni fund.
An insurance policy underwritten by a private insurance firm, and guaranteeing a municipal bond in the event of default.
Abbreviated as MBIA, refers to a group of insurance companies which insure payment of principal and interest on certain bonds.
A unit investment trust that invests in municipal bonds and passes the income, generally tax-free, to its shareholders.
The short-term municipal bond with a maturity of one year or less.
A bond issued by a municipality to finance a specific public works project and…
Abbreviation for municipal bonds, these bond funds are popular among investors…
The ISO currency code for the Mauritius Rupee.
A savings and loan organization, working as a cooperative owned by its members.
A firm whose profits are distributed proportionately to the amount of business each participant does with the firm.
A doctrine stipulating that interest earned on federal debt will not be taxed…
An open-ended fund operated by an investment firm, which raises money from shareholders…
Any entity, generally a bank or trust firm, that holds and safeguards securities…
A ticker sign for a mutual fund.
A tax-free certificate issued by a local government to finance a specific public…
A life insurance firm owned by its policyholders, with the policyholders sharing the firm’s surplus earnings.
A savings bank that is owned and operated for the benefit of its depositors.
The ISO currency code for the Maldives Rufiyaa.
The ISO currency code for the Malawi Kwacha. Learn more about Malawi and the Malwai Kwacha at GoCurrency.com
The official currency of Myanmar. Learn more about Myanmar and the Myanmar Kyat at GoCurrency.com
The ISO currency code for the Malaysian Ringgit. Learn more about Malaysia and the Malaysian Ringgit at GoCurrency.com
The ISO currency code for the Mozambique Metical. Learn more about…