Category: M

  Definition A municipal bond, also known as a “muni,” is a debt security issued by a state, municipality, or county to finance its capital

Definition A mutual fund is an investment vehicle that pools together funds from many different investors to invest in a diverse portfolio of securities such

Definition A Mutual Insurance Company is a type of insurance company owned by its policyholders who share in the profits and losses. In this set

Definition A mutual company refers to a private firm that is owned by its customers or policyholders. These members are entitled to receive dividends or

Definition The Mumbai Interbank Offered Rate (MIBOR) is the interest rate that Indian banks use when lending to each other. It is determined daily by

Definition Musharakah is a term from Islamic finance that refers to a joint enterprise or partnership structure where all partners share in the profit and

Definition In finance, the term “mutually exclusive” refers to a pair or set of decisions or actions in which the undertaking of one prevents or

Definition The multiplier effect refers to the potential of an increase in spending to spark an economic chain reaction. Basically, when an injection of new

Definition The Municipal Securities Rulemaking Board (MSRB) is a self-regulatory organization established by the U.S. Congress to create and enforce rules that govern the trading,

Definition Murabaha is a common term in Islamic finance that refers to a sale in which the seller discloses the cost of the item being