Browsing Debt Glossary by M

"M" definition grouped abstracts of generally recognized monetary terms you might have observed while performing family finance functions or looking through this directory, with comprehensive descriptions via a single term link click.

  • Magnetic Stripe Card (i.e. Magstripe Card) – A magnetic stripe card can be identified visually by the usually black or…
  • Margin – In finance, a margin (sometimes called a performance bond) is a type of collateral that some investors…
  • Market Index – A market index measures price and price changes occurring in a specified market. Many well-known…
  • Mean Income – The mean income of a demographic is simply the mean, or arithmetic average, of the individual…
  • Median Income – The median income of a demographic is simply the median of the individual household incomes…
  • Medicaid – Medicaid is the US health program for low-income families and individuals. Medicaid is jointly funded by…
  • Medicare – Medicare is a US governmental social insurance program and provides health insurance to people…
  • Member of Household – A member of household is a dependent claimed on a federal income tax return filing. To be…
  • Mileage Allowance – For income tax purposes, a mileage allowance is a tax deduction of automobile expenses…
  • Minimum Deposit – A minimum deposit is the smallest amount of money that an investor can use to open an…
  • Minimum Down Payment – The minimum cash contribution that a borrower must contribute toward the purchase of…
  • Minimum Monthly Payment – The minimum monthly payment is the smallest payment amount which will…
  • Money Management – Money management is the process of budgeting, saving, investing, and spending money in a…
  • Moratorium – During bankruptcy proceedings the bankruptcy court places a legal moratorium to halt the rights of…
  • Mortgage – A mortgage is a legal pledge of property to a lender as security for a mortgage loan. The mortgage itself…
  • Mortgage Banker – A mortgage banker is a person or company that originates mortgages, using their own or…
  • Mortgage Broker – A mortgage broker is an intermediary person or company that originates mortgages using funds…
  • Mortgage Company – The phrase "mortgage company" is often used by homeowners to refer to the company to…
  • Mortgage Lender – A mortgage lender is any organization that makes funds available for mortgage funding. Many…
  • Mortgage Refinance (i.e. Refinance) – A mortgage refinance is the process of replacing an existing mortgage…
  • Mortgaged to the Hilt – The colloquial phrase "mortgaged to the hilt" is informally used to denote that an individual is…
  • Mortgagee – In a mortgage agreement, the mortgagee is the lender (i.e., for nearly all of us the bank is the…
  • Mortgagor – In a mortgage agreement, the mortgagor is the borrower (i.e., if you are making a monthly mortgage…
  • Mutual Funds – A mutual fund is a collective investment, representing the aggregated investment funds of many…