M fintech glossary terms

MACD

Moving Average Convergence Divergence indicator.

Machine Learning

AI that learns from data.

Macroeconomics

Study of economy as a whole.

Mainnet

The primary blockchain network.

Malware

Malicious software.

Man-in-the-Middle

Attacker intercepts communication between two parties.

Margin Account

Account allowing borrowing.

Margin Call

Demand from a broker to deposit more money to cover losses.

Marginal Utility

Benefit from one more unit.

Market Cap

Total value of a company's outstanding shares.

Market Dominance

Percentage of total market cap held by one coin.

Market Maker

Firm providing liquidity by buying and selling.

Market Order

Order to buy/sell immediately at current price.

Market Risk

Risk of losses due to market price movements.

Masternode

Server validating transactions.

Maturity

Date when bond principal is repaid.

Max Supply

Maximum limit of coins that will ever exist.

Memecoin

Crypto based on a meme.

Mempool

Holding area for unconfirmed transactions.

Mercantilism

Economic theory of accumulating wealth.

Merchant

Business that sells goods/services.

Merchant Account

Bank account allowing businesses to accept card payments.

Merchant Banking

Banking for large corporations.

Merchant of Record

The legal entity that sells to the customer and assumes payment, tax, and compliance responsibility.

Merger

Combination of two companies.

Mergers and Acquisitions (M&A)

Consolidation of companies or assets.

Merkle Tree

Tree of cryptographic hashes.

Metaverse

Virtual reality space in which users interact.

Metric

Standard of measurement.

MEV

Maximal Extractable Value.

MiCA

Markets in Crypto-Assets regulation.

Micro-investing

Investing very small amounts of money.

Microeconomics

Study of individual decisions.

Microfinance

Banking services for low-income individuals.

Microservices

Architecture where apps are built as small, independent services.

MiFID II

EU regulation for investment services.

Miner

One who validates blocks.

Mining

Process of validating transactions and creating new coins.

Mining Pool

Group of miners working together.

Mobile Banking

Banking via mobile app.

Modular Blockchain

Separating execution from consensus.

MoM

Month over Month growth.

Monetary Policy

Central bank actions to manage money supply.

Money Laundering

Concealing origins of illegally obtained money.

MongoDB

Popular NoSQL database.

Monolith

Single-tiered software application.

Monopoly

A market structure characterized by a single seller.

Moral Hazard

Taking risk because others pay.

Mortgage

Loan to buy real estate.

Moving Average

Average price over a specific number of periods.

Multi-Cloud

Using services from multiple cloud providers.

Multisig

Wallet requiring multiple keys.

Multisig Wallet

Wallet requiring multiple signatures to send funds.

Mutex

Mutual exclusion object.

Mutual Fund

Pool of money from investors to buy securities.

MVC

Model-View-Controller architecture.

MVVM

Model-View-ViewModel architecture.