Related Words

Money Market Demand Account (MMDA): An account that pays interest based on short-term interest rates.

Medical Savings Account (MSA): A trust that employees of small businesses may establish to pay for out-of-pocket medical expenses.

Medical Savings Accounts (MSA): Savings accounts designated for out-of-pocket medical expenses. In an MSA, employers and individuals are allowed to contribute to a savings account on a pre-tax basis and carry over the unus . . . View Full Definition

Matador Market: The foreign market in Spain.

Marketplace Price Efficiency: The degree to which the prices of assets reflect the available marketplace information. Marketplace price efficiency is sometimes estimated as the difficulty faced by active management of ea . . . View Full Definition

Marketing Quotas (Or Allotments): Authorized by the Agricultural Adjustment Act of 1938, these quotas (sometimes called poundage quotas) limit marketings of certain commodities. The marketing quota, which must be approved by . . . View Full Definition

Marketing Year: The 12-month period, generally from the beginning of a new harvest, over which a crop is marketed. For example, for wool, mohair, and Hawaiian sugarcane, the marketing year is January 1-Dece . . . View Full Definition

Memorandum Accounts: A name for the accounts held in a subsidiary ledger. Eg. the accounts in a sales ledger .

Miss The Price-Market: Used for listed equity securities. (1) Have an order in hand but fail to execute a transaction on terms favorable to a customer and, thus, be negligent as a broker; (2) receive an order just . . . View Full Definition

Money Base: Composed of currency and coins outside the banking system plus liabilities to the deposit money banks.