M&A Meanings and Terms

Moving Average meaning An indicator that defines the average price of a security over a specific period of time. It is constantly moving as each time the average is taken, the oldest price drops out to be replaced by the new one.   Back A-Z

Mortgage Bond meaning A secured corporate bond involving a debtor who must prove his repayment capacity and a creditor who is owed money. The bond becomes secure thanks to the morgage established on a specified asset.   Back A-Z

Marketable Security meaning Any security that is ready to be sold or purchased on the market, thus to generate cash.     Back A-Z

Markdown meaning The extra fee charged by a broker when he buys a security and sells it for a higher price afterwards.   Back A-Z

Market Index meaning A general measurement of the aggregate value of a market by weighting, combining and comparing prices over time and between one another.   Back A-Z

Margin meaning   1- The difference between a good´s cost of production and the price it will eventually be sold for. 2- The ratio between a company´s revenues and expenses.   Back A-Z

Manipulation meaning The act of rising or lowering security prices artificially by one or several investors working together. It is in most cases an illegal act.   Back A-Z

Management Group meaning An organization working for an open-end company as a financial advisor. Back A-Z

Managed Account meaning An account owned by several clients under the supervision of a manager, who will decide when and on what should an investment be made. Back A-Z