Mill Rate

A mill rate (or millage rate) is the property tax rate expressed in mills — where 1 mill = 1/1,000 of a currency unit.…

Midcap Fund

A mid‑cap fund is a pooled investment vehicle—such as a mutual fund or exchange‑traded fund (ETF)—that concentrates its equity holdings in mid‑capitalization companies. “Mid‑cap”…

Midstream

Midstream refers to the segment of the oil and gas industry that sits between upstream (exploration and production) and downstream (refining and retail). Midstream…

Middle Office

The middle office is the organizational layer in a financial services firm (investment bank, asset manager, hedge fund, broker-dealer) that sits between the revenue‑generating…

Middleman

A middleman (or intermediary) is a person or business that facilitates transactions between two parties — typically a buyer and a seller — in…

Middle Income Country Mic

• The World Bank defines middle‑income countries (MICs) as economies with gross national income (GNI) per capita between $1,136 and $13,845 (2024 thresholds). MICs…

Mid Cap

Key takeaways – Mid‑cap (mid‑capitalization) companies are firms with market capitalizations roughly between $2 billion and $10 billion. – They occupy the middle of…

Micromarketing

Micromarketing is a targeted advertising approach that focuses on very small, well-defined customer groups — even down to neighborhoods or individuals — rather than…

Micro Investing Platform

Micro‑investing platforms are apps or online services that let people invest very small amounts of money regularly (often spare change) by eliminating per‑transaction minimums…

Microeconomics

Microeconomics is the branch of economics that examines how individuals and firms make decisions about allocating scarce resources, and how those decisions interact in…