The terms used in business such as Merchant Bank,Mesne Profits ,Mezzanine Finance , MFA / AMF,Method of Payment etc.
This post explains about terms used in business such as Meltdown , Meme, Mentor, Merchandise,Merchant Bank,Mesne Profits ,Mezzanine Finance ,MFA / AMF,Method of Payment etc. These terms used in international business are arranged in alphabetical order and you may add more information about terms used in export business at the end of this article, if you wish.
The terms used in business
Mediagenic - A tendency (for a person or activity, etc) to convey a favourable impression when reported by the media.
Mega Bits Per Second (Mbps) - The number of one-million bits transmitted in a one second interval.
Melanesian Spearhead Group (MSG) - A regional trade treaty involving the states of Vanuatu, Solomon Islands, Papua New Guinea and Fiji created to foster and accelerate economic development through trade relations and provide a political framework for regular consultation and review on the status of the Agreement.
Meltdown - A situation in which something, or someone, suddenly dramatically ceases to function properly.
Meme - Originally a biological term referring to a behavioural characteristic which transfers non-genetically between people, meme increasingly refers more widely to other non-human characterstics or examples which arise as imitations of or variations on a particular theme.
Memo - Usually used for communication within an organisation. Memos can be formal letters or informal notes to colleagues.
Memorandum and Articles Of Association - a legal document drawn up when a company is formed containing details such as company name, type, objectives, and number and value of shares, etc.
Memorandum of association / Statuts :An official document that, by law, shows that a company exists. It states the name and address of the company, the amount of authorized share capital and how it is divided, a statement of limited liability, the purposes for which the company was formed, etc.
Memorandum of Association:It is the most important document of a joint stock company. It is the primary constitution within and inside which the company has to function. It forms the charter on the basis of which the company is brought into existence and it defines its powers and objects. A company can do nothing beyond the powers stated in it, It controls the external relationship of the company.
Memorandum Of Understanding - MOU. A, sometimes informal written agreement between two or more parties which establishes each party's responsibilities and requirements.
Menial (work, job, task) - Unskilled typically poorly paid work.
Mentor - Someone who is experienced and gives guidance and support to a person less experienced to help them develop and grow and achieve their goals.
Menu Bar - On a computer screen, the strip at the top of each open window that contains pull down menus with functions, for example file, edit, etc.
Mercantalism - An economic philosophy advocating that countries should simultaneously encourage exports and discourage imports.
Mercantile - Relating to trade or commerce.
merchandise: Goods bought and sold in a business. "Merchandise" or stock is a part of inventory.
Merchandising - The practice of promoting and selling goods. Commercial products which are associated with a film, pop group, TV show, celebrity, etc., such as toys, clothing, food products, household items, etc.
Merchant Bank - Known in the US as an Investment Bank. A financial institution which offers financial advice and services to large businesses and wealthy individuals.
MERCOSUR / MERCOSUR :Free-trade area between Argentina, Brazil, Paraguay and Uruguay. Chile and Bolivia are associate members.
Mercosur - The “common market of the South,” a customs union which includes Argentina, Brazil, Paraguay and Uruguay. The organization mandates the lowering of tariffs and other trade barriers in hopes of eventually eliminating restrictions on the movement of capitol, labor, goods and services.
Merge-Purge - The process of combining two or more lists or files of names and addresses etc., typically databases, and removing duplicated and/or unwanted items, to produce one new clean list or database.
Merger - The joining of two or more companies, organisations etc.
Meritocracy - In business, a system in which people advance because of their abilities rather than their connections or wealth, etc.
Merlin - TV/Movie term for a visual mistake in a film or TV show, derived from the accidental inclusion of a beer can in a TV drama scene featuring Merlin, in the days of King Arthur and the Knights of the Round Table.
Mesne Profits - Compensation or penalty charges instead of, or 'in lieu' of, rent claimed by a landlord against a person illegally occupying land or property and subsequently evicted, commonly arising from a court order.
Meta/Metatags/Metadata - Meta means an additional useful part of the whole thing, usually data or communication of some sort, and usually hidden or underlying and coded. The original sense is from the Greek word meta, loosely meaning 'with' and arises now commonly as a prefix in computing and communications terminology, for example referring to meta tags (increasingly 'metatags') within website or computer code, which are typically hidden in normal use but which carry useful or vital information about the material or functionality concerned - specifically useful for computerised automated functions and analysis, data search, retrieval, organization and display, etc. The similar term meta data (increasingly 'metadata') refers more generally to information or code which is usually hidden in normal use or communications but which carries important meaning towards understanding or using the whole message or instruction, or other form of data.
Method of Payment - Terms stating the acceptable forms of remittance for a given sales transaction. The party selling the product or service declares the acceptable method of payment.
Mezzanine Finance - A high interest, usually unsecured, loan in which the lender often has the right to obtain shares in the business which has acquired the loan. Sometimes used in management buy-outs.
MFA / AMF :The Multi-fibre Arrangement is an international agreement in the textile sector. The Arrangement is a follow-up to negotiations on import quotas for textiles from developing countries. The MFA brings together 42 countries, including Turkey.
MFN / NPF :The Most-Favoured Nation clause forms part of the first principle of the World Trade Organisation and is one of "non-discrimination". This clause aims at putting an end to the advantages granted to a country as compared to the others. This clause obviously applies to the signatories of the treaty.
MFR :Monthly Financial Report.
Micro Country Risks - Country risks that are specific to an industry, company, or project within a host country.
Microblogging - A type of blogging allowing users to post or broadcast pictures and/or short messages or articles typically in the range of 140-200 characters.
microbusiness: An owner-operated business with few employees and less than $250,000 in annual sales.
Microcap - In the US, small companies on the stock exchange that have shares which are very low in total value.
Microcredit - Small loans, perhaps $50 or $100, that are extended to small businesses to finance a business start-up or other business activity.
Microcredit - The loaning of very small sums of money to entrepreneurs, especially in the developing world, typically enabling the start-up of small business activities, especially social enterprise. See small business start-ups.
The above details describes about terms called in business such as Meltdown , Meme, Mentor, Merchandise,Merchant Bank,Mesne Profits ,Mezzanine Finance ,MFA / AMF,Method of Payment etc. These phrases may help importers and exporters on their day to day business activities. The readers can also add more information about terms used in overseas trade below this post.Terms used in business such Marketing Myopia,Market-To-Market ,Master Franchise,Matchmaker Program,Mates Rates etc
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