Foreign Exchange Market, forex dictionary, FX News, forex definition

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

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