Money Market Yield

Key takeaways – Money market yield (MMY) annualizes the holding‑period return of short‑term, highly liquid instruments (T‑bills, CDs, commercial paper) using a 360‑day “bank”…

Money Factor

• The money factor (MF), also called the lease factor, lease fee, or lease money factor, is the way most car leases express the…

Money Center Banks

Money center banks are large, highly interconnected financial institutions that operate at the center of national and global wholesale finance. Unlike retail banks that…

Monetary Policy

Key takeaways – Monetary policy is a central bank’s strategy and set of actions to control the money supply and short‑term interest rates to…

Monetary Base

The monetary base (also called the monetary base H, high‑powered money, or sometimes M0 in cross‑country usage) is the stock of money that the…

Monetary Aggregates

Monetary aggregates are standardized measures of the money supply in an economy. They group types of money according to liquidity—how easily an asset can…

Monetarist Theory

Monetarist theory holds that variations in the money supply are the primary drivers of economic growth, inflation, and the business cycle. In its simplest…

Monetarist

Key takeaways – Monetarists believe that the money supply is the primary driver of nominal demand, inflation, and economic cycles. – The core theoretical…

Momentum Investing

Momentum investing is a rules‑based strategy that seeks to profit from the persistence of existing price trends. The core idea: buy securities that have…

Momentum

Momentum in markets is the speed and strength with which a security’s price moves in one direction. Momentum traders seek to profit from persistent…