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...
A merger is when two or more companies combine to increase value and enhance operations. This is a pre-agreed action and is not seen as hostile. A merger should always provide increased benefits and E...
Megafund is simply an extremely large pool of money set up by a private equity firm for the purposes of investing in companies. The amount invested by private investors in a megafund is usua...
An MBA is a professional qualification gained from completing an MBA course at a business school. It stands for Masters of Business Administration. Typically, people working in investment banking and ...
Maturity is part of a loan contract which specifies the end of the life of the asset, i.e. when the principal will be repaid. For example, US 10 year Treasury bonds will have the principal amount repa...
Market risk is the risk an investor accepts when holding any asset; the risk that changes in the market will cause the asset to fluctuate in value. This risk is completely unavoidable and cannot be re...
A market maker is an individual or firm which connects buyers and sellers of an asset - hence making a market. The market maker will usually hold the asset and then find a seller, and assumes some of ...