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					Word(s) :   Market Capitalisation - The value of a company as measured by the total stockmarket price of its shares. In simple terms, the number of shares times the share price. Maturity data - The end date of a policy or loan, when money is paid out or becomes due. Maturity value - The amount of money to be paid, or paid out, at the end of a policy or loan. Maxi ISA - A tax-free savings account in which you can invest up to £7,000 each year tax-free. You can invest either the full amount in stocks and shares or up to £3,000 in cash savings and up to £1,000 in life insurance investments. Maximum investment plan - A Unit Linked Endowment Policy specifically intended for savings. The plan incorporates life assurance cover. Managed fund - Atype of investment where a number of investors pool their money into one fund which is then invested by an experienced fund manager. MER - Medical Examiners Report - A report by a doctor on a person's health and fitness, sometimes required by insurance companies before they will insure you. Mezzanine Financing - A type of equity financing used in takeovers. It uses preferred shares and convertible securities to make a target firm larger. MIB - Motor Insurers Bureau - An organisation funded by motor insurance companies which deals with claims for injury compensation when the driver at fault is not insured, or cannot be traced. Mid price - The price of shares as quoted in newspapers, midway between the prices which the shares are bought and sold at. Mini ISA - A tax-free savings account that allows you to invest up to £3,000 each year in cash savings or stocks and shares or up to £1,000 in life insurance investments. You can have one of each type of mini ISA in each tax year. Minimum income guarantee - This is the minimum level of income the government guarantees you will receive if you are over 60. If you have less than this level of income, the government tops it up. From October 2003, it will be placed by Pension Credit. Mitigate - To lessen or make less severe. For example, if your house is flooded, you would attempt to mitigate the damage by doing all you could to protect your home. Momentary Policy - Government influence on the direction of a country's economy by controlling the amount of money available to the public, companies and organisations to spend. Money Purchase Scheme - A pension scheme which provides a pension, the amount of which is dependent on how much money has been invested in it, and how much investment return has been earned from that money. Moratorium - A period during which an insurance company is not obliged to pay out on an insurance policy. Mortgage (more) - a loan to purchase a home, where the property is used to guarantee repayment of the loan. Mortgage Calculator (more) - normally online software that calculates your repayments and gives the total interest paid on the loan. Mortgage indemnity insurance (more) - A payment to a mortgage lender so they can take out insurance if you are borrowing more than a certain percentage of the value of your home. Mortgage payment protection (more) - Pays your mortgage for a limited period if you can't work or are made redundant. Mortgage rate (more) - the standard interest rate given by mortgage lenders, which tends to reflect rises or cuts to the Bank of England base rate. Mortgage valuation - A valuation, carried out by your mortgage lender, of the property that you want to buy. Mortgagee - the company (or other entity) that lends money on a mortgage. Mortgagor - the person who is taking out the mortgage. Mutual - A commercial organisation owned by its members (savers and borrowers), as opposed to being owned by shareholders.