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Mining
Of or pertaining to the process or business of extracting materials, such as ore or minerals, from the earth's crust.
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market-based corporate governance system
Financial services; General Finance
Organization of a corporation whereby the supervisory board represents a dispersed set of largely equity shareholders.
Multilateral Investment Guarantee Agency (MIGA)
Financial services; General Finance
Agency established by the World Bank that offers various forms of political risk insurance to corporations.
market-book ratio
Financial services; General Finance
Market price of a share divided by book value per share.
multilateral netting system
Financial services; General Finance
Elimination of offsetting cash flows between a parent and several subsidiaries.
Multinational corporation (MNC)
Financial services; General Finance
A firm that operates in more than one country.
market capitalisation
Financial services; General Finance
The total dollar value of all outstanding shares. Computed as shares times current market price. Capitalization is a measure of corporate size.
