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Category: M

Minimum Lease Payment

Definition The minimum lease payment is the lowest amount that a lessee is required to pay over the lease term to the lessor. It includes

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Minimum Monthly Payment

Definition The minimum monthly payment is the lowest amount a borrower is required to pay towards their debt by a specified due date each month.

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Minority Interest

Definition Minority interest, also known as non-controlling interest, refers to the portion of a subsidiary company’s equity that is not owned by the parent company.

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Misery Index

Definition The Misery Index is an economic indicator, calculated by adding the unemployment rate to the inflation rate. It was developed by economist Arthur Okun

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How Does Bitcoin Mining Work?

Definition Bitcoin mining is a computer-based process that involves solving complex mathematical problems to validate and record transactions on the Bitcoin blockchain, a decentralized public

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Millennial

Definition In the context of finance, “Millennial” typically refers to a demographic cohort also known as Generation Y, born roughly between 1981 to 1996. Financial

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Minimum Wage

Definition Minimum wage refers to the lowest legal salary that an employer can pay their employees per hour of work. It’s established by labor law

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Milton Friedman

Definition Milton Friedman was not a financial term, but a renowned American economist and statistician. He is known for his strong belief in free-market capitalism

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Minsky Moment

Definition A Minsky Moment is a sudden and severe financial collapse often following a period of economic stability and growth. It’s named after economist Hyman

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