Mortgage Loan
DefinitionA mortgage loan, or simply mortgage, is used either by purchasers of real property to raise funds to buy real estate, or alternatively by existing property owners to raise funds for any purpose, while putting a lien on the property being mortgaged. The loan is "secured" on the borrower's property through a process known as mortgage origination. This means...
Mainstream Economics
DefinitionMainstream economics may be used to describe the body of knowledge, theories, and models of economics, as taught across universities, that are generally accepted by economists as a basis for discussion. It can be contrasted to heterodox economics, which encompasses various schools or approaches that are accepted by their proponents. The economics profession has generally been associated with neoclassical...
Mad Hatter
What is 'Mad Hatter' A mad hatter is a chief executive officer (CEO) or managerial team whose ability to lead a company is highly suspect. Mad hatter CEOs are often characterized by misconduct or impulsive and puzzling decisions, which employees, board members and shareholders may question. Mad-hatter CEOs often take spontaneous actions with little regard for viable...
Madrid SE CATS (MSE) .MC
Madrid SE CATS (MSE) .MC What is 'Madrid SE CATS (MSE) .MC ' The Computer Assisted Trading System (CATS) was developed by the Toronto Stock Exchange in 1977 and implemented in the Madrid Stock Exchange (MSE) in 1989. This was the world's first fully electronic trading system. The MSE initially traded seven large-cap stocks on the...
Managed Currency
What is managed currency and how does it work Managed currency is a type of foreign exchange hedging strategy in which an investor seeks to protect their investments from currency fluctuations by entering into forward contracts to buy or sell specific currencies at set prices and dates in the future. By doing so, investors can lock in exchange rates and...
Main Street
What does 'Main Street' mean Main street is a colloquial term used to refer to individual investors, employees and the overall economy. "Main Street" is typically contrasted with "Wall Street." The latter refers to the financial markets, major financial institutions and big corporations, as well as the high-level employees, managers and executives of those firms. You'll often...
Management Risk
What is 'Management Risk' The risks associated with ineffective, destructive or underperforming management, which hurts shareholders and the company or fund being managed. This term refers to the risk of the situation in which the company and shareholders would have been better off without the choices made by management. Explaining 'Management Risk' Management risk...
Manderson Graduate School of Business
What is 'Manderson Graduate School of Business' The school of business at the University of Alabama. The Manderson Graduate School of Business offers undergraduate, graduate and doctoral programs in a variety of business disciplines, including accounting, economics, finance, management, marketing, information sciences, operations management and statistics. Explaining 'Manderson Graduate School of Business' Located...
Management Discussion and Analysis (MD&A)
What is the 'Management Discussion and Analysis - MD&A' Management discussion and analysis (MD&A) is the section of a company's annual report in which management provides an overview of the previous year’s operations and how the company performed financially. Management also discusses the upcoming year by outlining future goals and approaches to new projects. The MD&A is...
Macroeconomic Stabilization Fund (FEM)
What is 'Macroeconomic Stabilization Fund - FEM' A reserve fund established by the country of Venezuela. Also known as the "FEM," it was created at the behest of the IMF to stabilize the national cash flow generated from oil production. It receives all monies generated from oil production above a certain price per barrel and pays out...