Most Active Exchange traded stock that has highest trading volume over a specific period, generally one trading day. … [Read more...]
Most Distant Futures Contract
Most Distant Futures Contract Related: nearby futures contract. The contract that settles at the latest point in time among a group of futures contracts. … [Read more...]
Moving Average
Moving Average Tool used in technical analysis and charting. Represents the average price of security or commodity over short periods (a few days) or long period (several years). Shows trends for given recent time periods. The last variable is deleted to make place for each new … [Read more...]
Multicurrency Clause
Multicurrency Clause Clause that allows a Euro loan borrower to opt, on a rollover date, for a currency switch. … [Read more...]
Multicurrency Loans
Multicurrency Loans Loans that allow the borrower to take the actual disbursement in a currency other than local one if desired. … [Read more...]
Multifactor CAPM
Multifactor CAPM Variant of Merton’s capital asset pricing model taking into account ‘factors’ or out of market risks. … [Read more...]
Multi-Factor Model
Multi-Factor Model Financial model using multiple factors to predict equilibrium asset prices or market phenomena. Either used to predict securities in a portfolio or the entire portfolio’s performance. … [Read more...]
Multinational Corporation
Multinational Corporation Business entity with operations in many countries worldwide. … [Read more...]
Multifamily Loans
Multifamily Loans Conventional mortgage loans on multi family apartments leased out to residents. … [Read more...]
Multiperiod Immunization
Multiperiod Immunization Investment strategy that results in a portfolio that can satisfy more than one expected future liability irrespective of changes in interest rates. … [Read more...]
Multiple Rates of Return
Multiple Rates of Return Arises when IRR method is used in relation to a project wherein positive cash flows are followed by negative cash flows. Denotes the occurrence of more than one rate of return for one project with differences in returns as and when cash flow sign changes. … [Read more...]
Multiple Regression
Multiple Regression Predicted relation between different explanatory variables and a single dependent variable. … [Read more...]
Multiples Approach
Multiples Approach Theory of valuation stating that similar assets are traded at similar prices. Assumption is that a ratio relating value to some firm dependent variable is consistent across similar businesses. … [Read more...]
Multiple-Discriminant Analysis (MDA)
Multiple-Discriminant Analysis (MDA) Technique used in statistical analysis to use observed characteristics to distinguish between two groups. … [Read more...]
Multirule System
Multirule System Combination of mechanical rules in a technical trading strategy. Example, CRISMA Trading System of Pruitt and White (stands for cumulative volume, relative strength, moving average) … [Read more...]
Multi-Option Financing Facility
Multi-Option Financing Facility Assured credit line that is syndicated and also has options attached to it. … [Read more...]
Municipal Bond
Municipal Bond Muni bonds or municipals are offered by State and local governments. The funds thus collected are used for public service projects like highways. Tax exemptions are allowed on interest received on these investments. … [Read more...]
Municipal Inflation-Linked Securities
Municipal Inflation-Linked Securities Government issued securities that have variable coupon rates. The rate increases or decreases in line with CPI levels. … [Read more...]
Municipal Notes
Municipal Notes Notes of short term duration maturity issued by municipalities. These are paid back from the revenues received by the municipality such as, proceeds from bond issues, tax receipts. … [Read more...]