| MANAGEMENT
- The
art of conducting and supervising a business.
MARGIN
REQUIREMENTS
- A term used to refer to the percentage of total accounts receivable
and
inventory against which you can borrow on your operating loan. These
margin
requirements are calculated each month and reported to the bank.
MARKETING
- All the
activities involved in buying and selling a product or service.
MATCHING
- Placing
revenues and expenses together for the same accounting period to
determine the
profit or
loss for that period.
MEMORANDUM
or MEMO
- A note usually prepared to identify the additional investment
of the owner.
MERCHANDISE
- Goods
bought and sold in a business.
MONEY
MARKET - The
segment of the financial marketplace where short term (less than one
year)
investment instruments are bought and sold daily.
MORTGAGE
- A mortgage
is a written document in which the debtor promises to pay the debt with
interest at a definite time or at stated intervals, and, in addition,
gives
to the creditor claim against the property.
|
