What Is MJSD? The term MJSD refers to an acronym that stands for March, June, September, and December. These are the final months of each quarter of the fiscal year (FY). They mark the end of the period when companies can release earnings and dividends reports. These months also represent the period of reporting interest
What Is a Master Limited Partnership (MLP)? A master limited partnership (MLP) is a business venture in the form of a publicly-traded limited partnership. It combines the tax benefits of a private partnership with the liquidity of a publicly-traded company. A master limited partnership trades on national exchanges. MLPs generally experience cash flow stability and
What Is Multiple Linear Regression (MLR)? Multiple linear regression (MLR), also known simply as multiple regression, is a statistical technique that uses several explanatory variables to predict the outcome of a response variable. The goal of multiple linear regression is to model the linear relationship between the explanatory (independent) variables and response (dependent) variables. In
What Is Mobile Commerce? Mobile commerce, also known as m-commerce, involves using wireless handheld devices like cellphones and tablets to conduct commercial transactions online, including the purchase and sale of products, online banking, and paying bills. The use of m-commerce activity is on the rise. According to market research company Statista, mobile commerce sales in
What Is a Mobile-First Strategy? The phrase “mobile-first strategy” refers to an approach to developing websites in which the mobile-enabled version of the website is given priority over its desktop version. Companies are increasingly prioritizing the mobile versions of their webpages, due to the growing popularity of phone-based internet browsing and online shopping among consumers.
What Is Mobile Marketing? Mobile marketing is any advertising activity that promotes products and services via mobile devices, such as tablets and smartphones. It makes use of features of modern mobile technology, including location services, to tailor marketing campaigns based on an individual’s location. Mobile marketing is a way in which technology can be used
What Is a Mobile Wallet? A mobile wallet is a digital wallet that stores payment card information on a mobile device. Mobile wallets are a convenient way for a user to make in-store payments and can be used at merchants listed with the mobile wallet service provider. Key Takeaways Mobile wallets are safe apps for storing
What Is the Mode? The mode is the value that appears most frequently in a data set. A set of data may have one mode, more than one mode, or no mode at all. Other popular measures of central tendency include the mean, or the average of a set, and the median, the middle value
What Is Model Risk? Model risk is a type of risk that occurs when a financial model is used to measure quantitative information such as a firm’s market risks or value transactions, and the model fails or performs inadequately and leads to adverse outcomes for the firm. A model is a system, quantitative method, or
What Is Modified Book Value? Modified book value is a valuation metric for determining a company’s worth based on the current market value for its assets and liabilities. In other words, modified book value adjusts the value of a company’s assets and liabilities to reflect fair market value. Since assets are recorded at their original
