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Digital assets and currencies

Understand assets, networks and trading mechanics with sources you can check.

Trading basics

Mass media

Mass media refers to the forms of media that reach large audiences via mass communication. It includes broadcast media, digital media, print media, social media, streaming media, advertising, and events.

Finance

Mass stipend

In the Catholic Church, a Mass stipend is a donation given by the laity to a priest for celebrating a Mass for a particular intention. Despite the name, it is considered as a gift or offering (Latin: stips) freely given rather than a payment (Latin: stipendium) as such.

Banking

Massa Frumentaria

Massa Frumentaria or Monte Frumentario was a medieval grain fund established in Malta. As a public institution, it was tasked with the importation and distribution of wheat and other commodities, while also serving as a precursor to an investment bank. The fund was administered by the Università, a municipal body under the control of the Knights of St. John, and later continued under Bri

Trading basics

Massachusetts Miracle

The Massachusetts Miracle was a period of economic growth in Massachusetts during most of the 1980s. Before then, the state had been hit hard by deindustrialization and resulting unemployment. During the Miracle, the unemployment rate fell from more than 12% in 1975 to less than 3%, which was accompanied by tax reductions and a drastic increase in personal income.

Banking

Massacre (Marvel Comics)

Massacre is a supervillain appearing in American comic books published by Marvel Comics. He primarily appears in Spider-Man related publications. The character is responsible for the murder of Ashley Kafka, a supporting character in various Spider-Man comic books and adapted media.

Trading basics

Master data management

Master data management (MDM) is a discipline in which business and information technology collaborate to ensure the uniformity, accuracy, stewardship, semantic consistency, and accountability of the enterprise's official shared master data assets.

Trading basics

Master of Finance

A Master of Finance is a professional master's degree awarded by higher education institutions preparing students for careers in finance.

Finance

Master of Financial Economics

A Master of Financial Economics is a postgraduate master's degree focusing

Finance

Master of Quantitative Finance

A master's degree in quantitative finance is a postgraduate degree focused on the application of mathematical methods to the solution of problems in financial economics. There are several like-titled degrees which may further focus on financial engineering, computational finance, mathematical finance, or financial risk management.

Payments & settlement

Mastercard

Mastercard Inc. (stylized as MasterCard from 1979 to 2016 and as mastercard since 2016) is an American multinational payment card services corporation headquartered in Purchase, New York. It provides payment transaction processing and other related-payment services, including travel-related payments and bookings. Its principal business globally is to process payments between the banks of

Trading basics

Match fixing

In organized sports, match fixing (also known as game fixing, race fixing, throwing, rigging, hippodroming, or more generally sports fixing) is the act of playing or officiating a contest with the intention of achieving a predetermined result, violating the rules of the game and often the law. There are many reasons why match fixing might take place, including receiving bribes from bookm

Fiat currencies

Matchbook FX

Matchbook FX was an Internet-based electronic communication network ("ECN" or Electronic Trading Network) for trading currency online in the Spot-FX or foreign exchange market. It operated between 1999 and 2002.

Finance

Mathematical finance

Mathematical finance, also known as quantitative finance and financial mathematics, is a field of applied mathematics, concerned with mathematical modeling in the financial field.

Trading basics

Mature technology

A mature technology is a technology that has been in use for long enough that most of its initial faults and inherent problems have been removed or reduced by further development. In some contexts, it may also refer to technology that has not seen widespread use, but whose scientific background is well understood. Its performance characteristics are also expected to be well understood wi

Banking

Maurice Ephrussi

Maurice Ephrussi (18 November 1849 – 29 October 1916) was a French banker and horsebreeder.

Finance

Mauritius Commercial Bank

The Mauritius Commercial Bank Ltd (MCB) is a Mauritian commercial bank headquartered in Port Louis. Founded in 1838, it is the oldest bank in Mauritius and the largest: in 2025 Moody's put its share of onshore deposits at about 49%. It is licensed and regulated by the Bank of Mauritius, which has designated it a domestic systemically important bank every year since it first published suc

Finance

Mauritius Leaks

The Mauritius Leaks were the report of a datajournalistic investigation by the International Consortium of Investigative Journalists (ICIJ) in 2019 about how the former British colony Mauritius has transformed itself into a thriving financial centre and tax haven.

Trading basics

Max (app)

Max (stylized in all uppercase; Russian: Макс, [ˈmaks] MAKS, from the word "maximum") is a Russian messenger and e-commerce app released by VK in 2025. Comparable to the Chinese platform WeChat, the Max universal mobile application is developed for the purposes of, in addition to providing a social network, allowing access to online government services, verifying identity through a digit

Banking

Max Heiliger

Max Heiliger was a false identity created during the Nazi era to establish bank accounts for laundering and fencing valuables stolen from those murdered in the Holocaust. Additionally, stolen artwork, and furniture from vacated homes of Holocaust victims was collected separately and auctioned; the resulting funds were then funneled into the same accounts. Its creation was authorized by R

Banking

Maxwell Opoku-Afari

Maxwell Opoku-Afari is a Ghanaian economist and currently the First Deputy Governor of the Bank of Ghana. He was appointed to this position on August 7, 2017.

Payments & settlement

Maya (mobile payments)

Maya (formerly known as PayMaya) is a brand of Filipino financial services and digital payments based in Metro Manila, Philippines.

Assets

MazaCoin

MazaCoin (Maza, MZC) is a cryptocurrency launched in 2014 by developer Payu Harris. It was created with the goal of providing a digital currency for the Oglala Lakota tribe in South Dakota.

Banking

MBridge

mBridge (a.k.a. Multiple CBDC Bridge) is a multiple central bank digital currency platform developed to support real-time, peer-to-peer, cross-border payments and foreign exchange transactions using CBDCs. Based on a blockchain called the mBridge Ledger, the platform is designed to ensure compliance with jurisdiction-specific policy and legal requirements, regulations, and governance nee

Finance

McClellan oscillator

The McClellan oscillator is a market breadth indicator used in technical analysis by financial analysts of the New York Stock Exchange to evaluate the balance between the advancing and declining stocks. The McClellan oscillator is based on the Advance-Decline Data and it could be applied to stock market exchanges, indexes, portfolio of stocks or any basket of stocks.

Trading basics

McCormick & Schmick's

McCormick & Schmick's Seafood Restaurants Inc. is an American seafood restaurant chain, formerly based in Portland, Oregon. As of December 2024, the company operates 15 locations and one catering service in the United States and one Canadian location that operates under the Boathouse name. A sale to the parent company, Landry's, Inc., was completed in January 2012. Landry's corporate hea

Trading basics

McDonald & Co.

McDonald & Co. was a full-service investment firm based in Cleveland, Ohio, established in 1927. Internally, it was referred to as "McD" (mick-D). It was sold to hometown bank KeyCorp in 1998, but was eventually sold to the U.S. investment arm of Swiss banking giant UBS AG in 2007.

Trading basics

McLeod Young Weir

McLeod, Young, Weir & Co. Limited, and after 1977, McLeod Young Weir Limited, was a Canadian investment brokerage that operated from 1921 to 1988. The firm grew to become one of the country's largest brokerage houses and provided services including underwriting, stock and bond trading and distributing, leasing, private placements, and mortgage financing. McLeod Young Weir had internation

Trading basics

Mean reversion (finance)

Mean reversion is a financial term for the assumption that an asset's price will tend to converge to the average price over time.

Trading basics

Means of production

In political philosophy, the means of production are the generally necessary assets and resources that enable a society to engage in production. While the exact resources encompassed may vary, they are widely agreed to include the classical factors of production (land, labor, and capital) as well as the general infrastructure and capital goods necessary to reproduce stable levels of prod

Finance

Med Jones

Med Jones (also known as Med Yones) is an American economist and strategist. He currently serves as the president of the International Institute of Management, a think tank and research organization based in the United States, focused on government, business, and investment strategies. He also serve as an advisory board member at its education subsidiary, the Executive Education Institu

Trading basics

Media manipulation

Media manipulation refers to orchestrated campaigns in which actors exploit the distinctive features of broadcasting mass communications or digital media platforms to mislead, misinform, or create a narrative that advances the interests and agendas of perpetrators of such campaigns.

Trading basics

Media market

A media market, also known as a broadcast market, media region, designated market area (DMA), or television market area, is a geographic region in which the population receives similar television, radio, and other media offerings, including newspapers and digital media. Media markets are used worldwide for audience measurement, advertising planning, and broadcast regulation, although the

Trading basics

Media planning

Media planning entails sourcing and selecting optimal media platforms for a client's brand or product to use. The goal of media planning is to determine the best combination of media to achieve the clients objectives.

Trading basics

Media strategy

Media strategy, as used in the advertising or content delivery (online broadcasting) industries, is concerned with how messages will be delivered to consumers or niche markets. It involves identifying the characteristics of the target audience or market as well as who should receive messages and defining the characteristics of the media that will be used for the delivery of the messages,

Trading basics

Medical debt

Medical debt refers to debt incurred by individuals due to health care costs and related expenses, such as an ambulance ride or the cost of visiting a doctor.

Trading basics

Medical underwriting

Medical underwriting is a health insurance term referring to the use of medical or health information in the evaluation of an applicant for coverage, typically for life or health insurance. As part of the underwriting process, an individual's health information may be used in making two decisions: whether to offer or deny coverage and what premium rate to set for the policy. The two most

Trading basics

Mediq

Mediq is a Dutch health care company, which provides pharmaceuticals and medical supplies, by operating apothecaries and by delivering to medical centres and patients. The company is active in 15 countries and in 2012 had a revenue of €2.61 billion. Since 2013, it has been owned by Advent International.

Fiat currencies

Medium of exchange

In economics, a medium of exchange is any item that is widely accepted in exchange for goods and services. In modern economies, the most commonly used medium of exchange is currency. Most forms of money function as media of exchange, including commodity money, representative money, cryptocurrency, and most commonly fiat money. Representative and fiat money exist in digital form as well a

Payments & settlement

Mefo bill

A Mefo bill (sometimes written as MEFO bill; German: Mefo-Wechsel) was a six-month promissory note, drawn upon the dummy company Metallurgische Forschungsgesellschaft ('Metallurgical Research Corporation'), devised by the German Central Bank President, Hjalmar Schacht, in 1934. These bills could be discounted by any German bank at any time, and these banks, in turn, could rediscount the

Trading basics

Mega event advertising

Major annual or one-time televised mega-events can draw large viewership and significant interest from regional, national, and international advertisers. Advertisers strategically unveil major marketing campaigns in conjunction with televised mega-events and create memorable advertising content with high entertainment value. Some mega-event advertising, such as during the Super Bowl, eve

Trading basics

Megacap stock

In business and investing, a megacap stock (also mega-cap or mega cap) is a stock whose market capitalization (market cap) is among the very largest. These are stocks of the largest publicly traded companies in the world. The market capitalization of a stock is the total value of the shares outstanding, calculated as (shares outstanding x share price). Stocks with large market caps, but

Finance

Mehrangate

Mehrangate, also known as the Mehran bank scandal, was a major political scandal that took place during the government of Prime Minister Benazir Bhutto in 1990. It led to the filing of the Supreme Court case Air Marshal (Retd.) Asghar Khan vs General (Retd.) Mirza Aslam Beg & others.

Banking

Mellon family

The Mellon family is a wealthy and influential American family from Pittsburgh, Pennsylvania. The family includes Andrew Mellon, one of the longest serving U.S. Treasury Secretaries, while other members worked in the judicial, banking, financial, business, and political professions. Other notable figures include the prominent banker R.B. Mellon and his son R.K. Mellon, who provided fundi

Securities & exchanges

Melvin Van Peebles

Melvin Van Peebles (born Melvin Peebles; August 21, 1932 – September 21, 2021) was an American actor, filmmaker, writer, and composer. His feature film debut, The Story of a Three-Day Pass (1967), was based on his own French-language novel La Permission and was shot in France, as it was difficult for a black American director to get work at the time. The film won an award at the San Fran

Assets

Meme coin

A meme coin (also spelled memecoin) is a cryptocurrency that originated from an internet meme or has some other humorous characteristic.

Securities & exchanges

Meme stock

A meme stock is a stock that gains popularity among retail investors through social media. The popularity of meme stocks is generally based on internet memes shared among traders, on platforms such as Reddit's r/wallstreetbets. Investors in such stocks are often young and inexperienced investors. As a result of their popularity, meme stocks often trade at prices that are above their esti

Trading basics

Menu cost

In economics, a menu cost is the cost incurred by a firm when changing its prices. The concept is one microeconomic explanation for the stickiness of prices in the macroeconomy, particularly emphasized by New Keynesian economists.

Trading basics

Merative

Merative L.P., formerly IBM Watson Health, is an American medical technology company that provides products and services that help clients facilitate medical research, clinical research, real world evidence, and healthcare services through the use of artificial intelligence, data analytics, cloud computing, and other advanced information technology. Merative is owned by Francisco Partner

Trading basics

Merchandising

Merchandising is the process of contributing to the sale of products to a retail consumer by displaying for-sale products in ways that enticed to purchase more items or products.

Payments & settlement

Merchant account

A merchant account is a type of bank account that allows a seller, known as the merchant, to accept payments by debit or credit cards. A merchant account is established under an agreement between an acceptor and a merchant acquiring bank for the settlement of payment card transactions. In some cases a payment processor, payment service provider, independent sales organization (ISO), or

Banking

Merchant bank

A merchant bank is historically a bank dealing in commercial loans and investment. In modern British usage, it is the same as an investment bank. Merchant banks were the first modern banks and evolved from medieval merchants who traded in commodities, particularly cloth merchants. Historically, merchant banks' purpose was to facilitate or finance the production and trade of commodities,

Payments & settlement

Merchant Customer Exchange

Merchant Customer Exchange (MCX) was an American company created by a consortium of U.S. retail companies to develop a merchant-owned mobile payment system, which was to be called "CurrentC." The joint venture was announced on August 15, 2012.

Finance

MerchantBridge

MerchantBridge & Co. Ltd. was a London-based boutique private equity firm that specialized in investments in the Middle East and especially Iraq, where it was one of the largest such firms. It was in existence from 2001 to 2018.

Trading basics

Merchantrade Asia

Merchantrade Asia (Merchantrade) is a financial service company based in Malaysia. The company's business is centered on international money transfers, foreign currency exchange, wholesale banknotes, digital payment processing and mobile telecommunications. They also introduced microinsurance as part of their service offerings.

Securities & exchanges

Merchants' Exchange Building (Philadelphia)

The Merchants' Exchange Building (also known as the Philadelphia Exchange [1]) is a historic building which is located on the triangular site bounded by Dock, 3rd and Walnut Streets in the Old City neighborhood of Philadelphia, Pennsylvania. It was designed by architect William Strickland, in the Greek Revival style, the first national American architectural style and was built between

Banking

Merck family

The Merck family is a German noble family of industrialists and bankers, known for establishing the world's oldest pharmaceutical company Merck, its American former subsidiary Merck & Co. (MSD), which is now an independent company, as well as the Hamburg merchant bank H. J. Merck & Co. The family still owns the majority of the pharmaceutical company Merck, making them one of the richest

Trading basics

Mergers and acquisitions in United Kingdom law

Mergers and acquisitions in United Kingdom law refers to a body of law that covers companies, labour, and competition, which is engaged when firms restructure their affairs in the course of business.

Trading basics

Meridian Centre

The Meridian Centre is a 5,300 seat arena in downtown St. Catharines, Ontario, Canada, located at 1 David S. Howes Way. The arena is the home of the Niagara IceDogs of the Ontario Hockey League and the Niagara River Lions of the Canadian Elite Basketball League.

Trading basics

Meridian Credit Union

Meridian Credit Union Ltd. is a Canadian credit union. It was formed on 1 April 2005 through the merger of Niagara Credit Union and HEPCOE (Hydro Electric Power Commission of Ontario Employees) Credit Union. It is insured by the Financial Services Regulatory Authority of Ontario.

Trading basics

Merlin Entertainments

Merlin Entertainments Limited is a global entertainment company based in London, England, which operates a number of theme park resorts and other visitor attractions. It is currently owned by the consortium Motion JVCO Ltd, which includes Kirkbi (the investment arm of the Kristiansen family that also controls the Lego Group), Blackstone Inc and CPP Investments.

Trading basics

Merrill (company)

Merrill Lynch, Pierce, Fenner & Smith Incorporated, doing business as Merrill, and previously branded Merrill Lynch, is an American multinational investment management and wealth management division of Bank of America. Along with BofA Securities, the investment banking arm, both firms engage in prime brokerage and broker-dealer activities. The firm is headquartered in New York City, and

Trading basics

Merrill Lynch, Pierce, Fenner & Smith Inc. v. Manning

Merrill Lynch, Pierce, Fenner & Smith Inc. v. Manning, 578 U.S. ___ (2016), was a United States Supreme Court case in which the Court held, 8–0, that the jurisdictional test established by §27 of the Securities Exchange Act of 1934 is the same as 28 U.S.C. § 1331's test for deciding if a case "arises under" a federal law.

Securities & exchanges

Merton model

The Merton model, is a widely used "structural" credit risk model, which was developed by American economist Robert C. Merton in 1974.

Finance

MERVAL

The MSCI Merval, known as the S&P Merval until October 2026, is the main stock market index of Bolsas y Mercados Argentinos (BYMA). It tracks the largest and most liquid stocks within the MSCI BYMA Argentina General index.

Fiat currencies

Mervyn King, Baron King of Lothbury

Mervyn Allister King, Baron King of Lothbury, (born 30 March 1948) is a British economist and public servant who was governor of the Bank of England from 2003 to 2013. Emeritus Professor of the London School of Economics and chairman of the Philharmonia since 2020, Lord King served as president of Marylebone Cricket Club for 2024/25.

Trading basics

Mervyn's

Mervyn's was an American middle-scale department store chain that was based in Hayward, California, and founded by Mervin G. Morris (1920–2021). It carried national brands of clothing, footwear, bedding, bath products, furniture, jewelry, beauty products, electronics, toys, and housewares. Many of the company's stores were opened in shopping malls; however, some locations were operated i

Trading basics

Metacafe

Metacafe was an Israeli video-sharing website, launched in July 2003. During the mid-2000s it was one of the largest video-sharing websites, though it eventually began to be superseded by YouTube, Vimeo and Dailymotion. On 28 August 2021, Metacafe's website and social profiles became inactive.

Trading basics

Metal prices

Metal prices are the prices of metal as a commodity that are traded in bulk at a predefined purity or grade. Metal can be split into three major categories, precious metals, industrial metals and other metals. Iron ore

Fiat currencies

Metallism

Metallism is the economic principle that the value of money derives from the purchasing power of the commodity upon which it is based. The currency in a metallist monetary system may be made from the commodity itself (commodity money) or it may use tokens (such as national banknotes) redeemable in that commodity. Georg Friedrich Knapp (1842–1926) coined the term "metallism" to describe

Trading basics

MetaMask

MetaMask is a software cryptocurrency wallet developed by ConsenSys for interacting with the Ethereum blockchain and other EVM-compatible networks. It enables users to manage Ethereum accounts and connect to decentralized applications (dApps) via a browser extension or mobile app.

Finance

MetaTrader 4

MetaTrader 4, also known as MT4, is an electronic trading platform widely used by online retail foreign exchange speculative traders. It was developed by MetaQuotes Software and released in 2005. The software is licensed to foreign exchange brokers who provide the software to their clients. The software consists of both a client and server component. The server component is run by the br

Trading basics

Metcard

Metcard was the brand name of an integrated ticketing system used to access public transport in Melbourne, Australia. It was a universal ticket which allowed users to ride on the city's Metlink and Metropolitan Transit Authority network, consisting of suburban trains, trams, and buses, including the NightRider network. The Metcard was a credit card-sized ticket made out of cardboard an

Trading basics

MetroCard

The MetroCard is a discontinued magnetic stripe card used for fare payment on transportation in the New York City area. It was a payment method for the New York City Subway (including the Staten Island Railway), New York City Transit buses, and MTA buses. Several partner agencies also accepted the MetroCard: Nassau Inter-County Express (NICE Bus), the PATH train system, the Roosevelt Isl

Trading basics

MetroCARD

metroCARD is a contactless smartcard ticketing system for public transport services in the city (and surrounding suburbs) of Adelaide, South Australia. The system is managed by Adelaide Metro and is usable on their bus, train and tram services.

Trading basics

Mexican miracle

The Mexican miracle (Spanish: Milagro mexicano) is a term used to refer to the country's inward-looking development strategy that produced sustained economic growth. It is considered to be a golden age in Mexico's economy in which the Mexican economy grew 6.8% each year. It was a stabilizing economic plan which caused an average growth of 6.8% and industrial production to increase by 8%

Finance

Mexican Stock Exchange

The Mexican Stock Exchange (Spanish: Bolsa Mexicana de Valores), commonly known as Mexican Bolsa, Mexbol, or BMV, is one of two stock exchanges in Mexico, the other being BIVA - Bolsa Institucional de Valores. It is the second largest stock exchange in Latin America, only after São Paulo based B3 in Brazil. It is also the fifth largest stock exchange in the Americas. The exchange platfor

Trading basics

Mezzanine capital

Mezzanine capital is a type of financing that sits between senior debt and equity in a company's capital structure. It is typically used to fund growth, acquisitions, or buyouts. Technically, mezzanine capital can be either a debt or equity instrument with a repayment priority between senior debt and common stock equity. Mezzanine debt is subordinated debt that represents a claim on a co

Securities & exchanges

MF Global

MF Global Holdings Ltd., formerly known as Man Financial, was a major global financial derivatives broker, or commodities brokerage firm that went bankrupt in 2011. MF Global provided exchange-traded derivatives, such as futures and options as well as over-the-counter products such as contracts for difference (CFDs), foreign exchange and spread betting. MF Global Inc., its broker-deal

Trading basics

Miami International Holdings

Miami International Holdings, Inc. (MIH), trading as MIAX, is an American company formed in 2007 that operates global financial exchanges and execution services.

Trading basics

MIAX Pearl Equities

MIAX Pearl Equities (MIAX), is an American stock exchange headquartered in Princeton, New Jersey. The exchange also has offices in Miami, Florida, where its parent company Miami International Holdings is based.

Trading basics

MICA (institute)

MICA, formerly MICA Foundation for communications Research and Education, is a private business school located in Ahmedabad, India. MICA has a wide range of academic offerings including residential programmes for Post Graduate Management Studies and a Fellow Programme in Management (Communication) (residential, but off campus).

Fiat currencies

Michael Artis

Michael John Artis FBA (29 June 1938 – 8 January 2016) was a British economist. A leading macroeconomist, his research encompassed monetary economics, fiscal policies, and European institutions and policies.

Trading basics

Michael Ashcroft

Michael Anthony Ashcroft, Baron Ashcroft, (born 4 March 1946) is a British-Belizean businessman, pollster and politician. He is a former deputy chairman of the Conservative Party. Ashcroft founded Michael A. Ashcroft Associates in 1972 and was the 132nd richest person in the UK, as ranked by the Sunday Times Rich List 2021, with an estimated fortune of £1.257 billion.

Trading basics

Michael Dell

Michael Saul Dell (born February 23, 1965) is an American billionaire, businessman, investor and philanthropist. He is the founder, chairman, and CEO of Dell Technologies, one of the world's largest technology infrastructure companies, of which he owns a 40% stake in 2026.

Trading basics

Michael Eisner

Michael Dammann Eisner ( EYEZ-nər; born March 7, 1942) is an American businessman and media proprietor who served as chairman and chief executive officer (CEO) of the Walt Disney Company from September 1984 to September 2005. Prior to Disney, Eisner was president of film studio Paramount Pictures from 1976 to 1984, and had brief stints at the major television networks NBC, CBS, and ABC.

Banking

Michael Fay (banker)

Sir Humphrey Michael Gerard Fay (born 10 April 1949) is a New Zealand merchant banker and partner in the merchant bank Fay Richwhite. He is one of the ten richest men in New Zealand. His personal wealth was largely acquired during the late 1980s and early 1990s, which included the period in which he had a significant role in the structural adjustment of the New Zealand economy undertaken

Finance

Michael Hudson (economist)

Michael Hudson (born March 14, 1939) is an American economist who is Professor of Economics at the University of Missouri–Kansas City and a researcher at the Levy Economics Institute at Bard College. He is a contributor to The Hudson Report, a weekly economic and financial news podcast produced by Left Out.

Securities & exchanges

Michael Marcus (trader)

Michael Phillips Marcus was a commodities trader who, in less than 20 years, is reputed to have turned his initial $30,000 into $80 million.

Trading basics

Michael McCullough (entrepreneur)

Michael McCullough is an American investor in healthcare and life science companies, social entrepreneur, and emergency room doctor. He was a Rhodes Scholar. He lives in Palo Alto, California.

Banking

Michael Milken

Michael Robert Milken (born July 4, 1946) is an American financier. He is known for his role in the development of the market for high-yield bonds ("junk bonds"), which led to his reputation as the "Junk Bond King", and his conviction and sentence following a guilty plea on felony charges for violating U.S. securities laws. Milken's compensation while head of the high-yield bond departme

Banking

Michael Patra

Michael Debabrata Patra (born 29 September 1960) is an Indian economist and central banker who served as the Deputy Governor of the Reserve Bank of India from 2020 to 2025. As a central banker he has spent most of his career at RBI.

Trading basics

Michael R. Eisenson

Michael R. Eisenson is a managing director and co-chairman of Charlesbank Capital Partners, LLC, a private equity investment firm based in Boston and New York. Eisenson co-founded the firm in 1998 and served as its CEO until 2017. Charlesbank raised its most recent fund, Charlesbank Equity Fund IX, in 2017, with $2.75 billion of investor commitments.

Securities & exchanges

Michael Steinhardt

Michael H. Steinhardt (born December 7, 1940) is an American billionaire hedge fund manager and philanthropist. In 1967, he founded a hedge fund, Steinhardt Partners, which he ran until he closed it in 1995. After a hiatus from work, he returned to head WisdomTree Investments in 2004. In January 2014, he was on the cover of Forbes Magazine, referred to as "Wall Street's greatest trader".

Fiat currencies

Michael Woodford (economist)

Michael Dean Woodford (born 1955) is an American macroeconomist and monetary theorist who teaches at Columbia University. In 2026, he was awarded the Nobel Memorial Prize in Economic Sciences, along with Robert E. Hall.

Trading basics

Michaels

Michaels Stores, Inc., doing business as Michaels, is an American privately held arts and crafts retail chain. It is North America's largest provider of arts, crafts, framing, floral and wall décor, and merchandise for makers and do-it-yourself home decorators. The company is a subsidiary of the Michaels Companies, which was founded in 2014 and headquartered in Irving, Texas. In additio

Banking

Michel Ephrussi

Michel Ephrussi (May 10, 1844 – January 5, 1914) was a Russian-born French banker who also bred and raced Thoroughbreds.

Securities & exchanges

Microcap stock

A microcap stock is a public company that has a very small market capitalization, below the cutoff for small-cap stocks. Depending on the market segmentation system in use, nanocap stocks are either a subset of the smallest microcaps, or a distinct segment of stocks with market capitalizations even smaller than those of microcaps. In the US, many microcap and nanocap stocks are traded ov

Securities & exchanges

Microcap stock fraud

Microcap stock fraud is a form of securities fraud involving stocks of "microcap" companies, generally defined in the United States as those with a market capitalization of under $250 million. Its prevalence has been estimated to run into the billions of dollars a year. Many microcap stocks are penny stocks, which the SEC defines as a security that trades at less than $5 per share, is no

Banking

Microcredit

Microcredit is the extension of very small loans (microloans) to borrowers with limited access to traditional credit who typically do not have access to traditional banking services due to a lack of collateral, steady employment, and a verifiable credit history. The primary aim of microcredit is to support entrepreneurship, facilitate self-employment, and alleviate poverty, particularly

Finance

Microcredit for water supply and sanitation

Microcredit for water supply and sanitation is the application of microcredit to provide loans to small enterprises and households in order to increase access to an improved water source and sanitation in developing countries.