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What Are Multiple Managers? Multiple managers refer to the numerous involvement of different managers in the investment strategy of a fund. In the case of multiple managers, an investment portfolio’s assets are divided by individual managers. Various structures can be used for the management of multiple manager funds. However, all funds typically have a single investment

What Is a Multiple Support Agreement A multiple support agreement is a document which is signed by two or more taxpayers who provide the financial support for a single dependent. This agreement allows several persons who jointly support a dependent to take turns claiming this person as a dependent on their tax returns. Multiple support

What Are Multiple Tops? Multiple tops refer to a reversal chart pattern looked at by technical traders. Multiple tops occur when a security fails to break through to new highs on two or more occasions. This trend is interpreted as a signal to sell the particular security. Key Takeaways Multiple tops refer to a reversal

What Is Mothballing? Mothballing is the deactivation and preservation of equipment or a production facility for possible future use or sale. It can also mean the setting aside of an object or idea for possible reuse or revisiting in the future. Mothballing is common with expensive capital goods, machinery, aircraft, ships, properties, and other assets

What Are Motor Vehicle Sales? Motor vehicle sales represent the number of domestically produced units of cars, SUVs, minivans, and light trucks that are sold. Automobile manufacturers report their sales either quarterly or on the first business day of every month. Motor vehicle sales are a key economic indicator since they provide a snapshot of

What Is a Memorandum of Understanding (MOU)? A memorandum of understanding is an agreement between two or more parties outlined in a formal document. It is not legally binding but signals the willingness of the parties to move forward with a contract. The MOU can be seen as the starting point for negotiations as it

What Are Mountain Range Options? Mountain range options are a family of exotic options based on multiple underlying securities. Mountain range options were first marketed by French securities firm Société Générale in 1998. These options blend some of the key characteristics of basket-style or rainbow options—both of which have more than one underlying security or

What Is a Moving Average (MA)? In finance, a moving average (MA) is a stock indicator commonly used in technical analysis. The reason for calculating the moving average of a stock is to help smooth out the price data by creating a constantly updated average price. By calculating the moving average, the impacts of random

What Is a Moving Average Chart? A moving average (MA) chart is a tool used by technical analysts to track the price movements of a security. It plots average prices over a defined period of time, with the moving average typically overlaid onto a candlestick or bar chart. The bars or candlesticks show the price

What Are Moving Expenses? Moving expenses, to the Internal Revenue Service, are costs that are incurred by a taxpayer related to relocating for a new job or being transferred to a new location. The Tax Cuts and Jobs Act of 2017 (TCJA) eliminated the deduction of moving expenses for tax years 2018 through 2025, except