Related Words

Group Health Insurance: Coverage through an employer or other entity that covers all individuals in the group. Read more about group health insurance.

Employer-Sponsored Health Insurance: Of Americans who have health coverage, nearly 60 percent secure that coverage through an employer-sponsored plan, often called group health insurance. Millions take advantage of the coverage . . . View Full Definition

Mortgage Insurance Premiums (MIP): Most FHA loans require the borrower to pay two mortgage insurance premiums: one upfront paid at closing, the second is an annual premium based on the loan balance each year.

Mortgage Insurance (PMI Or MI): Insurance that may be required when a loan is greater than 80% of the value of the home. This insurance protects the lender in the event a borrower fails to make his or her loan payments. Th . . . View Full Definition

Mortgage Life Insurance: A life insurance policy that pays off the remaining balance of the insured person's mortgage at death.

Moving Picture Expert Group (MPEG): A format to make, view, and transfer both digital audio and digital video files.

Moving Picture Experts Group (MPEG): It refers to a set of standards as defined up by the Moving Pictures Experts Group, and that defines the digital signal compression technology used among others, by digital satellite TV syst . . . View Full Definition

Mortgagees Title Insurance: An insurance policy protecting the lender for the amount of the loan in the event of a future title dispute.

Monophyletic Group: A group of organisms descended from a common ancestor. For example: your immediate family may be considered such a group, being descended from a common ancestral group (grandparents, etc.).

Marriage Group: A term coined by George L. Kittredge in 1912 to describe a specific set of stories in Chaucer's Canterbury Tales. The marriage group includes 'The Wife of Bath's Tale,' 'The Clerk's Tale,' ' . . . View Full Definition