Category: M

Definition The Modified Accelerated Cost Recovery System (MACRS) is the current tax depreciation system in the United States. Introduced in 1986, it allows businesses to

Definition A mission statement is a brief explanation used by an organization to outline its purpose for existence. It serves as a guide by defining

Definition A Mixed Economic System is an economic system that combines aspects of both market and command economic models. It involves a level of private

Definition Model Risk refers to the potential for different modeling approaches to lead to different estimates of the same concept or quantity. It poses a

Definition In the context of finance, the term “Mode” refers to the most frequently occurring number in a data set or distribution. Essentially, it is

Definition Misrepresentation in finance refers to a false statement of a material fact made by one party which affects the other party’s decision in entering

Definition Mobile commerce, often referred to as ‘m-commerce’ , is a type of e-commerce that involves the buying and selling of goods and services through

Definition Modern Portfolio Theory (MPT) is an investment strategy that aims to maximize investment returns for a given level of risk by diversifying the investment

Definition Mobile banking refers to the act of conducting financial transactions on a mobile device such as a smartphone or tablet. This includes checking account

Definition A mobile wallet is a type of digital technology that allows users to make payments or transactions using a mobile device, typically a smartphone.