Mandatory Mortgage Lock
Home Ownership by Country Mandatory Mortgage Lock What is 'Mandatory Mortgage Lock' The sale of a mortgage in the secondary mortgage market with terms that require the seller of the mortgage to make delivery to the buyer by a certain date or pair-out of the trade. The requirement to make delivery of the mortgage or pair-out of...
Managerial Accounting
DefinitionIn management accounting or managerial accounting, managers use the provisions of accounting information in order to better inform themselves before they decide matters within their organizations, which aids their management and performance of control functions. Managerial Accounting What is 'Managerial Accounting' Managerial accounting is the process of identifying, measuring, analyzing, interpreting and communicating information for the pursuit...
Main Home
What is 'Main Home' A term used by the Internal Revenue Service (IRS) to define the home a taxpayer has lived in most of the time during a given taxation year, or the only home a taxpayer owns. The classification of a taxpayer's main home is important when considering gains resulting from the sale of a main...
Madrid Fixed Income Market .MF
What is the Madrid Fixed Income Market .MF Spain's MF is a short-term debt instrument used by the Spanish government to finance its daily operations and manage its budget deficit. The Madrid Fixed Income Market (MF) is the main market for Spanish government debt instruments, with a wide variety of bonds traded on it including Treasury bills, bonds and notes....
Madrid Stock Exchange (MAD) .MA
What is 'Madrid Stock Exchange (MAD) .MA' The largest securities market in Spain, also known as the Bolsa de Madrid. In 1809, Jose I Bonaparte attempted to establish Spain's first stock exchange in Madrid but it failed because Madrid was not a major business center at the time. 1831 saw the enactment of the law creating the...
Managed Money
DefinitionManaged Money is a 1934 short comedy film directed by Charles Lamont. The film stars Frank Coghlan Jr. and Shirley Temple. It was also known as Frolics of Youth and Measured Money. This was the second film in which Temple starred as Mary Lou. The film tells the story of Sonny and Sid prospecting for gold to pay for...
Malpractice Insurance
DefinitionProfessional liability insurance, also called professional indemnity insurance but more commonly known as errors & omissions in the US, is a form of liability insurance which helps protect professional advice- and service-providing individuals and companies from bearing the full cost of defending against a negligence claim made by a client, and damages awarded in such a civil lawsuit. Malpractice...
Managed Futures Account
What is a managed futures account and how does it work A managed futures account is an investment account in which a professional money manager trade a wide variety of global futures markets on behalf of the account holder. Futures markets are traded on exchanges and allow investors to speculate on the direction of commodities, interest rates, indexes, and currency...
Management Buy-In (MBI)
What is a 'Management Buy-In - MBI' A management buy-in (MBI) is a corporate action in which an outside manager or management team purchases an ownership stake in the first company and replaces the existing management team. This type of action can occur due to a company appearing undervalued or having a poor management team. ...
Make A Market
What is 'Make A Market' An action whereby a dealer stands by ready, willing and able to buy or sell a particular security at the quoted bid and ask price. Explaining 'Make A Market' By being able to make a market allows the brokerage to fill customer orders out of the brokerage inventory, which...