Personal Finance Glossary
Definition of Long Term Gain
Browse Glossary:
M
"Make a market," in reference to securities, is where securities broker-dealers quote prices at... more
A "managed account" is a securities portfolio managed by a professional investment... more
The term "managed money" refers to the situation where an investor uses an investment professional... more
A "management buyout" or "MBO" is a leveraged buyout (LBO) in which the acquirer is led by the... more
A "managing underwriter" is the leading investment banking firm in an underwriting group and acts... more
A "margin account" is a securities brokerage account that can hold deposited cash and securities,... more
A "margin call" is the demand by a securities brokerage firm to a customer for additional funds or... more
The "marginal tax rate" is the additional tax a taxpayer would pay if he or she earned one more... more
The "marital deduction" is the deduction allowed by the Internal Revenue Code for estate and gift... more
"Marital property" generally refers to property earned or acquired by either spouse during the... more
The term "mark to market" refers to a procedure to adjust the carrying value of a security or... more
"Market capitalization" is the total value of all corporate shares outstanding. For public... more
"Marketable securities" are stocks, bonds or other securities that can be quickly converted to cash... more
A "master limited partnership" or "MLP" is a publicly traded limited partnership, such as oil and... more
"MasterCard" refers to MasterCard Incorporated, an organization owned by the public and financial... more
In reference to finance transactions, "maturity" is the date on which a loan or bond becomes due... more
"Maturity date" typically refers to the date the principal amount of a bond, loan or other debt... more
A "management buyout" or "MBO" is a leveraged buyout (LBO) in which the acquirer is led by the... more
"Medicaid" is a program sponsored by the federal government and administered by states that is... more
"Medicare" refers to a program of health insurance for persons over 65, some disabled people under... more
A "medium term note" or "MTN" is a debt obligation with a typical term of 5-10... more
"The Merc" is shorthand for the Chicago Mercantile... more
A "merger" is the combination of one company with another, typically through an acquisition. In a... more
A "merger account" is an account where stocks can be purchased for cash and a loan. The loan is... more
A "merger agreement" is a contract whereby one company merges its business with another company.... more
"Micro cap stock" typically refers to the stock issued by companies having a market capitalization... more
A "mid-cap stock" typically refers to the stock issued by companies whose market capitalization is... more
In a financial services company, the middle office typically includes risk management, calculation... more
A midnight dividend is a dividend paid just before a company goes public, typically funded by debt,... more
"Mileage allowance" typically refers to the fixed mileage limit under a car lease. If the limit is... more
A "master limited partnership" or "MLP" is a publicly traded limited partnership, such as oil and... more
The "MLS" or "Multiple Listing Service" is a service created and run by real estate professionals... more
"Momentum investing" refers to the strategy of buying stocks that have a strong upward price... more
"Money management" refers to the process of budgeting, saving, or investing of the cash of an... more
A "money manager" is a professional who is responsible for a portfolio of securities. In return for... more
A "money market account" is an account (such as a bank account or brokerage account) that pays... more
A "money market fund" is a mutual fund that invests only in short term securities, such as... more
A "money order" is a financial instrument backed by a deposit of cash, and which can easily be... more
"Moody's ratings" are opinions of the credit rating agency Moody's Corporation of the... more
A "mortgage" is a loan secured by specified real property, and which requires the borrower to make... more
A "mortgage banker" is an entity or individual that originates mortgage loans and sells them to... more
A "mortgage broker" is an entity or individual that places mortgage loans with lenders, but does... more
The "mortgage interest deduction" is the federal tax deduction for interest paid on a mortgage used... more
The phrase "mortgage interest expense" refers to interest paid on a mortgage loan that is fully... more
"Mortgage life insurance" is a life insurance policy that pays off the remaining balance of the... more
A "mortgage rate" is the interest rate on a... more
A "mortgage refinance" is a new mortgage loan used by the borrower to pay off an old mortgage loan.... more
A "mortgage REIT" is a real estate investment trust that invests in loans secured by real estate,... more
"Mortgage backed securities" are securities backed by a pool of mortgage... more
The "mortgagee" refers to the lender of funds in connection with a mortgage loan. The borrower is... more
A "mortgagor" is the borrower of a loan secured by real... more
An "MTN" or "medium term note" is a debt obligation with a typical term of 5-10... more
The "Multiple Listing Service" or "MLS" is a service created and run by real estate professionals... more
"Municipal bonds" are bonds issued by state or local governmental units. Interest on the bonds... more
A "municipal bond fund" is a mutual fund that invests primarily in bonds and debt securities issued... more
"Municipal bond insurance" is an insurance policy which guarantees payment on municipal bonds in... more
A "mutual fund" is an investment pool managed by a professional investment company. A mutual fund... more
  • Question & Answers
  • Quizzes
  • Word of the Day

    Day Trading

    "Day trading" refers to the purchase and sale of securities (often the same...