Tag: year

Odd-Days Interest

What is 'Odd-Days Interest' Interest that is earned from a mortgage or other loan with closed-end installments that contain a nonstandard payment...

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...
Madrid Fixed Income Market

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...

Main Home

What is 'Main Home' A term used by the Internal Revenue Service (IRS) to define the home a taxpayer has lived in...

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...

Manager Of Managers (MOM)

What is 'Manager Of Managers - MOM' A class of financial intermediary that hires professional investment managers to oversee aspects of a...
Managed currency

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...

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...

Manufacturing Production

What is 'Manufacturing Production' Manufacturing production is the creation and assembly of components and finished products for sale. Three common types of...

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...

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