A mortgage-backed security or MBS is an asset that is secured by a group of mortgages. This process is made possible through securitization. Mortgage-backed securities are split in...
A monopoly refers to the situation where one firm controls either all or the vast majority of a market, allowing it to pursue strategies and pricing which may be unfair on consumers and would not be p...
The money market is the market in which wholesale funding is bought and sold. The assets traded in the money market are extremely liquid and have very short maturities. Typically, the money market is ...
A minus tick (also known as a downtick) indicates a fall in the price of an asset by 1 unit. This is caused by trade at a price 1 unit lower than the previous trade. The size of a tick will vary from ...
Minority interest is an accounting concept that refers to a situation when a parent company owns over 50% of another firm. Due to the fact that the parent company has majority ownership of the subsidi...
The middle office (MO) refers to the section of a financial services firm which cannot be grouped under front office (client-facing) or back-office (operations). The middle office ...
A middle-market firm is a large firm, but smaller than some of the global giants. The typical revenue range to be classified as the middle market is $50 million to $1 billion. They are usually firms t...
A mid-year discount is a term used in a DCF analysis to discount future cash flows to a present value. The basic method of discounting cash flows is to use the formula:Cash Flow / (1 + Disco...
A mid-cap (middle capitalization) firm is one with a market capitalization between $2 and $10 billion. This figure is an approximation and may change over time or be defined differently among differen...
Mergers & Acquisitions or M&A is a group in an investment bank that is specialized in providing advisory services to clients on the purchase, sale and merger of private or public com...