Payment Cap: A Payment Cap is the maximum amount for a payment under an Adjustable Mortgage Loan, regardless of the increase in the interest rate. If the payment is less than the interest alone, negative amortization is created.

 

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Payment Cap: A Payment Cap is the maximum amount for a payment under an Adjustable Mortgage Loan, regardless of the increase in the interest rate. If the payment is less than the interest alone, negative . . . View Full Definition

Midcap Spdrs: This is the same as a SPDR, except that the index it tracks is Standard & Poor's Midcap 400. This SPDR also trades on the AMEX, under the symbol MDY.

Midcap: A stock with a capitalization of usually between $1 billion and $5 billion.

Mid-Capitalization (Mid-Cap) Stock: A mid-cap stock is one issued by a corporation whose market capitalization falls in a range between $2 billion and $10 billion, making it larger than a small-cap stock but smaller than a lar . . . View Full Definition

Milling Capacity: The maximum amount of material that a mill can produce in a unit of time.

Molar Heat Capacity: The heat required to raise the temperature of one mole of a substance by 1°C is called the molar heat capacity of the substance. Molar heat capacity is an intensive property with SI system u . . . View Full Definition

Motion capture: A technology used to record the movements of real actors so that their in-game counterparts appear to move in a more realistic fashion.

Morgan Stanley Capital International Indexes: These indexes are computed by the investment firm Morgan Stanley's Capital International group (MSCI). They track stocks traded in international stock markets, and are considered the benchma . . . View Full Definition

Morgan Stanley Capital International (MSCI): Publisher of a number of well-known benchmarks, such as the MSCI World Index.

Micro-Cap Stock: A micro-cap stock is one with a smaller market capitalization — sometimes much smaller — than stocks described as small-caps. (Market capitalization is figured by multiplying the current mar . . . View Full Definition