Business and Personal Finance Dictionary

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 

• MAXIMUM LOAN TO VALUE RATIO - The maximum allowable loan-to-value ratio on the selected loan program.
  
  
• MAXIMUM LOCK - The longest period for which the lender will lock the rate and points on any program. Th...
  
  
• MAXIMUM MONTHLY PAYMENT - The maximum payment a borrower may qualify for based on their income and debt...
  
  
• MAXIMUM OUT-OF-POCKET COSTS - Limit the insured will have to pay out of pocket. Includes things like de...
  
  
• MAXIMUM PRICE FLUCTUATION - The greatest amount by which the contract price can change, up or down, dur...
  
  
• MAXIMUM RETURN CRITERION (MRC) - Standard that one choose the asset with the highest return.
  
  
• MAXIMUM TERM - The maximum length of a home loan or a specific portion within that loan. (normally 25 o...
  
  
• MAY DAY - The date of May 1, 1975, after which brokers were allowed to charge any brokerage commission,...
  
  
• MAY EXPAND - Used in the context of general equities. Warning that the size of the order/total may be i...
  
  
• MBIA MBIA INSURANCE CORP - The first-ranked municipal bond insurer, based on insurance in force and mar...