Manual Trading
Manual trading is a process where traders make all of their own investment decisions, without the help of any automated software. This can be done by analyzing charts and graphs to identify trends and signals, or by using a combination of technical and fundamental analysis. Manual trading has both pros and cons, which will be explored in this article....
Manifest Variable
DefinitionIn statistics, observable variable or observable quantity, as opposed to latent variable, is a variable that can be observed and directly measured. Manifest Variable What is 'Manifest Variable' A variable that can be directly measured or observed. It is the opposite of a latent variable, which can not be directly observed. Manifest variables are used in latent...
Management Fee
DefinitionIn the investment advisory industry, a management fee is a periodic payment that is paid by an investment fund to the fund's investment adviser for investment and portfolio management services. Often, the fee covers not only investment advisory services, but administrative services as well. Usually, the fee is calculated as a percentage of assets under management. Management Fee ...
Magnetic Ink Character Recognition Line (MICR)
What is 'Magnetic Ink Character Recognition Line - MICR' The information that appears at the bottom of a check that includes the bank's routing number, the customer's account number, and the check number. The magnetic ink character recognition line is printed using technology that allows computers to read the printed information. Using MICR, computers can quickly read...
Management And Employee Buyout (MEBO)
What is 'Management And Employee Buyout - MEBO' A restructuring initiative that involves both managerial and non-managerial employees buying out a firm in order to concentrate ownership into a small group from a widely dispersed group of shareholders. Explaining 'Management And Employee Buyout - MEBO' MEBOs are generally used to privatize a publicly traded...
Malfeasance
DefinitionMisfeasance, nonfeasance, and malfeasance are types of failure to discharge public obligations existing by common law, custom, or statute. Malfeasance What is 'Malfeasance' Malfeasance is an act of outright sabotage in which one party to a contract commits an act that causes intentional damage. A party that incurs damages by malfeasance is entitled to settlement through a...
Manchester Business School (MBS)
What is 'Manchester Business School - MBS' The business school at the University of Manchester in Manchester, England. The Manchester Business School offers top-level MBA and doctoral programs. The school's doctoral programs have historically been ranked above other prestigious institutions such as the Wharton School of Business and MIT. The school also offers an international exchange program....
Manufacturing Production
What is 'Manufacturing Production' Manufacturing production is the creation and assembly of components and finished products for sale. Three common types of manufacturing production are make-to-stock (MTS), make-to-order (MTO) and make-to-assemble (MTA). Explaining 'Manufacturing Production' The MTS strategy is based on demand forecasts, so it makes the most sense when demand can be predicted with...
Make To Order (MTO)
What does 'Make To Order - MTO' mean Make to order (MTO) is a business production strategy that typically allows consumers to purchase products that are customized to their specifications. The make to order (MTO) strategy only manufactures the end product once the customer places the order, creating additional wait time for the consumer to receive the...
Management Investment Company
What is a Management Investment Company (MIC)? A MIC is a type of investment company that is regulated by the SEC. MICs are similar to mutual funds in that they both pool investors' money and invest in a variety of securities. However, MICs have different regulations and prohibitions than mutual funds. For example, MICs are not allowed to invest in...