Aged Fail: An account between two broker/dealers that remains intact after 30 days after the settlement date. The receiving firm must adjust its capital as it can no longer treat this account as an assets.

 

Related Words

Aged Fail: An account between two broker/dealers that remains intact after 30 days after the settlement date. The receiving firm must adjust its capital as it can no longer treat this account as an assets.

Managed Float: Also known as 'dirty' float, this is a system of floating exchange rates with central bank intervention to reduce currency fluctuations.

Managed Indemnity Plans: Health insurance plans that are administered like traditional indemnity plans but which include managed care 'overlays' such as precertification and other utilization review techniques.

Muscular Failure: In a strength training program, the point at which your last repetition with weights is so difficult that you cannot perform another repetition.

Managed Dental Care: Any dental plan offered by an organization that provides a benefit plan that differs from a traditional fee-for-service plan.

Passively Managed: An index mutual fund or exchange traded fund is described as passively managed because the securities in its portfolio change only when the make-up of the index it tracks is changed. For exa . . . View Full Definition

Managed Care Organization (MCO): Any entity that utilizes certain concepts or techniques to manage the accessibility, cost, and quality of healthcare. Also known as a managed care plan.

Managed Behavioral Health: This is a program that covers your mental health and substance abuse care needs. In most cases, in-network benefits need to be pre-authorized by calling the Mental Health/Substance Abuse num . . . View Full Definition

Managed Behavioral Health Organization (MBHO): An organization that provides behavioral health services using managed care techniques.

Managed Care: A medical delivery system that attempts to manage the quality and cost of medical services that individuals receive. Most managed care systems offer HMOs and PPOs that individuals are encour . . . View Full Definition