Markets In Financial Instruments Directive Mifid
Key takeaways – MiFID (Markets in Financial Instruments Directive) is an EU regulatory framework first implemented in 2007 to improve transparency, investor protection and…
Microcredit
Microcredit (also called microlending or microloans) is a form of microfinance in which very small loans are made to individuals—typically low‑income entrepreneurs—to start or…
Mezzanine Debt
Key takeaways – Mezzanine debt is a hybrid financing instrument that sits between senior debt and equity in the capital structure: it is subordinated…
Mean Variance Analysis
Introduction Mean–variance analysis is an investment evaluation framework that compares expected return (the mean) and risk (variance or standard deviation) of investments to make…
Market Price
Key takeaways – Market price is the current price at which a good, service, or financial instrument can be bought or sold. It is…
Market Power
Market power (also called pricing power) is a firm’s ability to raise price above competitive levels without losing enough sales to force the price…
Market Portfolio
A market portfolio is the theoretical, fully diversified portfolio that contains every asset in the investable universe, with each asset held in proportion to…
Market Orientation
Market orientation is a business philosophy and operating approach that places customers’ needs, wants and preferences at the center of product and service development.…
Market Leader
A market leader is the firm that controls the largest share of sales in a specific product or service market and that, because of…
Market Approach
• The market approach values an asset by comparing it to recent sales of similar assets and adjusting for differences. It answers “What would…