Management expense ratio
Bill paid by the shareholder in an investment fund to the manager of the fund. The MER is in general expressed as a yearly percentage or basis position charge

Margin
Margin allows investors to buy securities using borrowed money from an agent. The shareholder is charged interest for the loan. A margin is the monetary amount calculated by the Clearing House as necessary to wrap the risk of financial loss on an options or futures agreement.

Margin Account
In order to get advantage of margin, and shareholder must open a margin account with his or her agent. A brokerage account in which the agent lends the customer cash to purchase securities

Margin Call
This can arise when a purchase is made in surplus of the value of the margin account or when the charge of an account decreases because the value of the securities detained decreases regardless of whether a new purchase is complete or not. The demand that a customer put down cash in a margin account.

Margin interval
It is articulated as a percentage, and is used in the estimate of margins for choice contracts.

Margin Requirement
The quantity an uncovered decision writer is required to deposit and maintain to cover a situation. The margin requirement is calculated on a daily basis.

Married Put Strategy
The immediate purchase of stock and the corresponding number of put options. This is a restricted risk strategy during the life of the puts because the stock can be sold at the beat price of the puts.

Market Cap
This is a company's market capitalization. To analyze the market cap, simply develop the issued and outstanding shares by the present selling price.

Mark to Market
An accounting procedure by which the price of securities detained in account are valued each day to replicate the last sale price or market quote if the last sale is outside of the marketplace quote.

Market capitalization
The whole number of shares on issue multiplied by their market price. This can be functional to work out the market rate of one company or of the value of all companies designed on the exchange. The total value of all outstanding shares, calculated by multiplying the number of shares times the existing market price.

Market If Touched
An order with the floor agent which becomes a market order if a activate price is reached.

Market Maker
These are approved traders who buy and sell securities. They are part of the scheme that facilitates trading in a particular safety or securities. An exchange member whose purpose is to aid in the making of a market, by making bids and offers for his account in the nonappearance of public buy or sell instructions.

Market maker spread
The distinction between the value at which a Market Maker is willing to buy a security and the value at which the firm is willing to sell it.

Market Not Held Order
This is a market order where the depositor gives the bottom trader the discretion to complete the order when he feels it is best.

Market On Close Order
This is an order to be executed at the market value when the market closes. These orders are also second-hand on day trades in order to close a situation at the end of the session regardless of the price.

Market Order
This is an organize to buy or sell a security at the present trading price. Market orders must be filled within two minutes. An investor's order to a agent to buy or sell at the recent market, irrespective of price. An order to buy or sell a stock directly at the best accessible current price. An order to buy or sell securities at the recent market. The order will be filled as long as there is a market for the safety measures.

Market risk
The risk of a common decline in the market.

Market timing
An effort to sell a stock or collection when a market is at a high and buying at a low. Normally an exercise in ineffectuality.

Market value
The price at which investors buy or sell a safety at any time.

Master Limited Partnership
Comparable to a real estate investment trust apart from MLPs are not limited to a specific industry compared to REITs which must invest in real estate. Both types trade like stocks on the New York Stock Exchange, and both types must distribute most of their earnings in the form of dividends.

Master Trust
An investment vehicle that enables individual investors or small superannuation funds to channel money into one or more underlying investments.

Maturity
The date on which a futures agreement ceases to exist.

Memorandum of association
Part of a company's establishment, the formal article subscribed by those wishing to form a company and generous details of the company, e.g. its name, objects and particulars of capital.

Merger
The merger of two or more businesses into a single economic entity. The combination of two or more companies, normally by offering the stockholders of one company securities in the acquiring company in replace for the surrender of their stock.

Mezzanine Financing
The type of unsecured financing most frequently supplied by Business Development Corporations such as Capital Strategies. These loans often include an equity kicker such as a general stock warrant or right to alter all or part of the loan into general stock.

Midstream
The pipeline and storage space sectors of petroleum and expected gas industries.

Minimum initial investment
Minimum amount that the supporter of an investment will recognize. Many stockbrokers and investment advisers also position a on the smallest amount they will deal or advise on.

Minority interest
The justice in a partly owned additional which is not held by the parent company or its supplementary companies.

Momentum
The power behind an upward or downward movement in price. Graphically, momentum is represented as a straight line which fluctuates above and under an equilibrium line.

Mortgage
A arraign over possessions given by the owner to a lender to protected repayment of a loan or to make sure satisfaction of a debt.

Mortgage REIT
A REIT that invests in mortgages and other debit instruments available by real estate.

Moving Average
This is a technological indicator that is the standard of a stock’s closing price for a individual number of previous closing prices. A technological analysis term. The average prices of a safety for a particular stage are charted in an attempt to establish recent trends

Moving Average Convergence/Divergence
This is a procedural indicator that measures moving common convergence/divergence and provides a measurement of the concentration of the trading of a specific stock.

Moving Negative Divergence
When two or extra indicators, indexes, or averages, fail to show confirming trends.

Mutual fund
An open ended investment company that manages a range of securities and offers shares to investors. Shares are issued and redeemed as per require, and the fund's Net Asset Value per share (NAV) is strong-minded each day.