| MACD (26 vs 12) |
A trading indicator used in technical analysis of stock prices, designed to reveal changes in the strength, direction, momentum, and duration (26 days and 12 days) of a trend in a stock’s price. |
| Main Market |
The part of a stock market where biggest companies’ shares are traded. |
| Margin |
The purchase of securities through money loaned from an investment dealer/broker. |
| Market Cap |
Total value of listed company’s stocks based on the current market price, calculated by multiplying stock price to number of stocks issued. |
| Market Order |
An order to buy or sell a security immediately, at the best available price. The majority of orders executed on the exchanges are market orders. |
| Market Price |
The current price that a financial asset or service could be sold or purchased, usually changed very rapidly according to bid and offer prices. |
| Market Return |
The total return of an ETF based on its market price at the beginning and end of the holding period. |
| Market Risk |
The chance that an entire group of investments will lose value (as opposed to one particular stock falling in price). |
| Market Sentiment |
Overall or general agreement on a stock or the whole stock market by the investors, measured by the activity and price movement. |
| Market Share |
The percentage of a company’s total sales to its industry’s during a specific period, to compare a company in the market or with their competitors. |
| Marketable Parcel | Shares traded on a stock exchange as set in multiples based on share price. |
| Maturity |
A specific date in a note or bond when the debt is due and payable. |
| Medium Term Notes (MTN) | A note or bonds that mostly unsecured issues on a medium term basis with tenures of more than one 1 year. |
| Mental Accounting | Tendency for people to separate their money into separate accounts based on variety of subjective criteria. |
| Merger |
A voluntary fuse between two companies that roughly have an equal terms into one new company. |
| Mid Cap |
Market capitalization of companies’ stocks with market value that is between $3 to $10 billion. |
| Momentum Investing |
An investment approach that emphasizes buying stocks whose share prices are rising, with the expectation that the price will continue to move higher. |
| Momentum Strategies | Investors buy stocks that are rising in value with the anticipation of earnings acceleration. |
| Money Market | The money market is the trade in short-term debt investments. |
| Mortgage | The loan involved for purchase of real estate. |
| Mortgage-Backed Securities (MBS) | Debt Obligations that represent claims to the cash flows from pools of mortgage loans. |
| Moving Average (MA) |
A technique often used in technical analysis that smooths price histories by averaging daily prices over some period of time. |
| Mutual Fund |
Fund operated by an investment company which raises money from shareholders and invests it in securities. |
