The process where the issuer refinances by retiring their outstanding bonds with new bonds, usually to reduce financing costs.
Author: todorm
Minimum Maintenance
The minimum amount of equity a brokerage asks you to keep in the account.
Mid-Cap Stocks
Companies with a market cap between $2 and $10 billion.
Merger
Two existing companies uniting into one new company.
Maturity
A finite time period at the end of which the financial instrument will cease to exist. In that case, the principal is repaid with interest.
Marketable Securities
Liquid financial instruments that can be easily converted into cash.
Married Put
An options strategy where an investor, holding a long position in a stock, buys a put on the stock to mimic a call option.
Market-Weighted Index
An index which weighs the participants according to the size of the company.
Market Risk
The risk that an investor will experience losses due to factors that affect the overall performance of the markets.
Market Order
An order to a broker to buy or sell stocks or other assets immediately at the best available price.