Industry WIKI

In economics, money illusion, or price illusion, is a cognitive bias where money is thought of in nominal, rather than real terms. In other words, the face value (nominal value) of money is mistaken for its purchasing power (real value) at a previous point in time. Viewing purchasing power as measured by the nominal value is false, as modern fiat currencies have no intrinsic value and th

Money laundering is the process of illegally concealing the origin of money obtained from illicit activities (often known as dirty money), and converting the funds into a seemingly legitimate source. As financial crime has become more complex and financial intelligence is more important in combating international crime and terrorism, money laundering has become the subject of prominent p

The money market is a component of the economy that provides short-term funds. The money market deals in short-term loans, generally for a period of a year or less.

A money market account (MMA) or money market deposit account (MMDA) is a deposit account that pays interest based on current interest rates in the money markets. The interest rates paid are generally higher than those of savings accounts and transaction accounts; however, some banks will require higher minimum balances in money market accounts to avoid monthly fees and to earn interest.

A money market fund (also called a money market mutual fund) is an open-end mutual fund that invests in short-term debt securities such as US Treasury bills and commercial paper. Money market funds are managed with the goal of maintaining a highly stable asset value through liquid investments while paying income to investors in the form of dividends. Although they are not insured against

In monetary economics, the money multiplier is the ratio of the money supply to the monetary base (i.e. central bank money).

The history of money in Kievan Rus' is divided into two main phases:

A money order is a directive to pay a pre-specified amount of money from prepaid funds, making it a more trusted method of payment than a cheque.

In macroeconomics, money supply (or money stock) refers to the total volume of money held by the public at a particular point in time. There are several ways to define "money", but standard measures usually include currency in circulation (i.e. physical cash) and demand deposits (depositors' easily accessed assets on the books of financial institutions). Money supply data is recorded and

The main belief behind the concept of a money trust is that the majority of the world's financial wealth and political power could be controlled by a powerful few.

Money worship is a type of money disorder, with the core driver being the belief that acquiring more money will lead to greater happiness. Individuals with this disorder are obsessed with the idea that obtaining more money is necessary to make progress in life and simultaneously convinced that they will never have enough money to fulfill their needs or desires. Those afflicted with this

Moneycorp is a British payment company that provides foreign exchange and global payment services to individual and corporate customers. The company was founded in London in 1979. Its clients include individuals, corporations, and other financial institution. It has a branches in the United Kingdom, North America, Europe, Asia and a number of other countries.

MoneyGram International, Inc. is an American interstate and international peer-to-peer payments and money transfer company headquartered in Dallas, Texas. It has an operations center in St. Louis Park, Minnesota, and regional and local offices around the world.

In finance, moneyness is the relative position of the current price (or future price) of an underlying asset (e.g., a stock) with respect to the strike price of a derivative, most commonly a call option or a put option. Moneyness is firstly a three-fold classification:

MoneyPass is an American interbank network owned by Brookfield, Wisconsin-based Fiserv, the third largest North American financial services company by revenue.

The dollar (Mongolian: доллар) was the currency of Mongolia between 1921 and 1925 during the transition from the rule of the Bogd Khan government to the People's Government. The treasury notes were issued under Baron Ungern in 1921. The denominations were 10, 20, 50, and 100 dollars. The dollar, together with other circulating currencies, was replaced by the togrog in 1925.

Monopoly is a multiplayer economics-themed board game. In the game, players roll two standard dice (or one extra special red die depending on the game) to move their token clockwise around the board, buying and trading properties and railroads and developing them with houses and hotels. Players collect rent from their opponents and aim to drive them into bankruptcy. Money can also be gai

In microeconomics, a monopoly price is set by a monopoly. A monopoly occurs when a firm lacks any viable competition and is the sole producer of the industry's product. Because a monopoly faces no competition, it has absolute market power and can set a price above the firm's marginal cost.

Monopoly profit is an inflated level of profit due to the monopolistic practices of an enterprise.

The Monroney sticker or window sticker is a label required in the United States to be displayed in all new automobiles. It includes the listing of certain official information about the car. The window sticker was named after Almer Stillwell "Mike" Monroney, a United States Senator from Oklahoma who sponsored the bill that resulted in the label mandate.

Monster Strike (モンスターストライク, Monsutā Sutoraiku) is a mobile Japanese role-playing physics game with elements of puzzle, strategy and cooperative multiplayer. It is developed by Mixi for iOS and Android platforms. The game was created by former Capcom game designer Yoshiki Okamoto. In Japan, its name is often shortened to MonSt (モンスト, Monsuto). The game can be summed up as a cross between

In mathematical finance, a Monte Carlo option model uses Monte Carlo methods to calculate the value of an option with multiple sources of uncertainty or with complicated features. The first application to option pricing was by Phelim Boyle in 1977 (for European options). In 1996, M. Broadie and P. Glasserman showed how to price Asian options by Monte Carlo. An important development was

Monte Carlo methods are used in corporate finance and mathematical finance to value and analyze (complex) instruments, portfolios and investments by simulating the various sources of uncertainty affecting their value, and then determining the distribution of their value over the range of resultant outcomes. This is usually done by help of stochastic asset models. The advantage of Monte C

The Montenegro Stock Exchange (MNSE) (Montenegrin: Montenegroberza AD) is a stock exchange located in Podgorica, Montenegro. It is Montenegro's only stock exchange.

The Montreal Exchange (MX; French: Bourse de Montréal), formerly the Montreal Stock Exchange (MSE), is a derivatives exchange, located in Montreal, Quebec, Canada that trades futures contracts and options on equities, indices, currencies, ETFs, energy and interest rates. Since 1965, it has been located in the Tour de la Bourse (Stock Exchange Tower), Montreal's third-tallest building. I

Monzo Bank Limited, trading as Monzo (), is a British online bank based in London, England. Monzo launched as part of a number of app-based challenger banks entering the UK market.

Moody's, previously known as Moody's Analytics, is a subsidiary of Moody's Corporation established in 2007 to focus on non-rating activities, separate from Moody's Investors Service. It provides economic research regarding risk, performance and financial modeling, as well as consulting, training and software services. Moody's is composed of divisions such as Moody's KMV, Moody's Economy.

In economics, a moral hazard is a situation where an economic actor has an incentive to increase its exposure to risk because it will not bear the full costs associated with that risk. For example, when a corporation is insured, it may take on higher risk knowing that its insurance will pay the associated costs. A moral hazard may occur where the actions of the risk-taking party change t

Mordor, also known as Mordor on Domaniewska Street (Polish: Mordor na Domaniewskiej), is a colloquial name for a financial district in the Mokotów district of Warsaw, Poland, within north Służewiec and west Ksawerów. The area is mostly composed of office buildings, including the headquarters of numerous domestic companies, and branches of many multinational corporations. Emerging in the

Mordovka (Russian: мордовка, pl. мордовки, mordovki) were minted or cast silver and copper plates made in the Middle and Lower Volga region during the 16th to 18th centuries. The obverse side usually featured coarse, stylized images of a horseman, horse, bird, and other figures. The reverse side had inscriptions made from sets of letters, often imitating Russian kopecks. According to the

More Card is a contactless smart card for paying transportation fares in public transport systems in India. Tipped as a nationwide interoperable transport card, the card aims to be a single point of transaction, applicable in state buses, Metro and even parking. The card was launched in 2012 in Delhi, initially acting as a common card for the Delhi Metro and its feeder buses.

The Morgan family is an American family and banking dynasty, which became prominent in the U.S. and throughout the world in the late 19th century and early 20th century. Members of the family amassed an immense fortune over the generations, primarily through the entrepreneurship of Junius Spencer (J. S.) Morgan (1813–1890) and John Pierpont (J. P.) Morgan Sr. (1837–1913).

Morgan Stanley is an American multinational investment bank and financial services company. It is headquartered at 1585 Broadway in Midtown Manhattan, New York City, with offices in 42 countries, including offices in many financial centers worldwide. Morgan Stanley is one of the largest investment banks by revenue. It is ranked 39th on the Fortune 500 and 21st on the Forbes Global 2000.

Morningstar, Inc. is an American financial services firm headquartered in Chicago, Illinois, founded by Joe Mansueto in 1984. It provides an array of investment research and investment management services.

Morris Air was a low-fare airline in the Western United States, based in Salt Lake City, Utah. It began scheduled operations in 1992, and was sold to Southwest Airlines in December 1993 for over $120 million in stock. The airline officially became part of Southwest in the autumn of 1994. Morris Air was the first airline in the world to invent e-ticket (ticketless) travel based on the sug

Wm Morrison Supermarkets Limited, trading as Morrisons, is the fifth largest supermarket chain in the United Kingdom. As of 2021, the company had 497 supermarkets across Great Britain, and one in Gibraltar. The company is headquartered in Bradford, England.

A mortgage broker acts as an intermediary who brokers mortgage loans on behalf of individuals or businesses. Traditionally, banks and other lending institutions have sold their own products. As markets for mortgages have become more competitive, however, the role of the mortgage broker has become more popular. In many developed mortgage markets today, (especially in the United States, Ca

Mortgage Electronic Registration Systems, Inc. (MERS) is an American privately held corporation. MERS is a separate and distinct corporation that serves as a nominee on mortgages after the turn of the century and is owned by holding company MERSCORP Holdings, Inc., which owns and operates an electronic registry known as the MERS system, which is designed to track servicing rights and own

The Mortgage Forgiveness Debt Relief Act of 2007 was introduced in the United States Congress on September 25, 2007, and signed into law by President George W. Bush on December 20, 2007. This act offers relief to homeowners who would have owed taxes on forgiven mortgage debt after facing foreclosure. The act extends such relief for three years, applying to debts discharged in calendar ye

In the United States, a mortgage note (also known as a real estate lien note or borrower's note) is a promissory note secured by a specified mortgage loan.

In the mortgage industry of the United States, mortgage servicing rights (MSR) are the contractual rights to service a mortgage after the mortgage origination process is complete. Mortgage servicing is the management of the repayment of mortgage debt on behalf of the lender, including the collection and recording of mortgage payments. The legal entity that holds the mortgage servicing ri

Mortgage underwriting is the process a lender uses to determine if the risk (especially the risk that the borrower will default

Mortgage underwriting is the process a lender uses to determine if the risk of offering a mortgage loan to a particular borrower under certain parameters is acceptable. Most of the risks and terms that underwriters consider fall under the three C's of underwriting: credit, capacity and collateral.

In finance, mortgage yield is a measure of the yield of mortgage-backed bonds. It is also known as cash flow yield. The mortgage yield, or cash flow yield, of a mortgage-backed bond is the monthly compounded discount rate at which the net present value of all future cash flows from the bond will be equal to the present price of the bond.

A mortgage-backed security (MBS) is a type of asset-backed security (an "instrument") which is secured by a mortgage or collection of mortgages. The mortgages are aggregated and sold to a group of individuals (a government agency or investment bank) that securitizes, or packages, the loans together into a security that investors can buy. Bonds securitizing mortgages are usually treated a

The mosaic theory in finance involves the use of security analyst personnel to gather information about a company or corporation to evaluate and determine its financial stability. In addition to public information available to all investors, securities analysts also have access to non-public information which the vast majority of investors do not possess. Trading based on such non-public

The Moscow Exchange (MOEX; Russian: Московская биржа, romanized: Moskovskaya birzha, IPA: [mɐˈskofskəjə ˈbʲirʐə]) is the largest exchange in Russia, operating trading markets in equities, bonds, derivatives, the foreign exchange market, money markets, and precious metals. The Moscow Exchange also operates Russia's central securities depository, the National Settlement Depository (NSD), a

The Moscow Interbank Currency Exchange (Russian: Московская межбанковская валютная биржа) or MICEX (Russian: ММВБ) was a stock exchange that operated in Russia from 1992 to 2011. MICEX was the leading Russian stock exchange and one of the largest universal stock exchanges in Eastern Europe. It merged with the Russian Trading System in 2011, creating Moscow Exchange.

Most valuable customers is a marketing term referring to the customers who are the most profitable for a company. These customers buy more or higher-value products as the average customer. The company provide these customers with advice and guidance to establish a more personal relationship.

Motilal Oswal Financial Services Limited is an Indian financial services company offering a range of financial products and services headquartered in Prabhadevi, Mumbai. The company was founded by Motilal Oswal and Raamdeo Agrawal in 1987.

MotoGP Sports Entertainment Group is the commercial rights' holder for the motorcycling sport of Grand Prix racing.

Motu Move is a contactless fare payment system in development as the National Ticketing Solution (NTS) for New Zealand, a project first proposed in 2007. Contracted to the American company Cubic Transportation Systems, it was first piloted on Route 29 in Christchurch with adult non-concession fares, beginning on 8 December 2024. Following the trial, initial rollout began in Greater Chris

A mount of piety is an institutional pawnbroker run as a charity in Europe from Renaissance times until today. Similar institutions were established in the colonies of Catholic countries; the Mexican Nacional Monte de Piedad is still in operation.

Mousse Partners is an investment management firm based in Bermuda that serves as a family office to manage the wealth of Alain and Gérard Wertheimer, the current owners of French luxury fashion house, Chanel. It is the investment division of Mousse Investments Limited (formerly Litor Limited), a Cayman Islands holding company for Chanel and its subsidiaries.

In film industry terminology, movie packaging or film packaging is a type of product bundling in which a top-level talent agency starts up a film or television project using writers, directors and/or actors it represents, before giving other agencies a chance to submit their clients for the project. For this service, the talent agency negotiates a packaging fee. Packaging is frequently d

In statistics, a moving average (rolling average or running average or moving mean or rolling mean) is a calculation to analyze data points by creating a series of averages of different selections of the full data set. Variations include: simple, cumulative, or weighted forms.

Mr. Market is an allegory created by investor Benjamin Graham to describe what he believed were the irrational or contradictory traits of the stock market and the risks of following groupthink. Mr. Market was first introduced in his 1949 book, The Intelligent Investor.

Mr. Money Mustache is the website and pseudonym of Canadian-born blogger Peter Adeney. Adeney retired from his job as a software engineer in 2005 at age 30 by spending only a small percentage of his annual salary and consistently investing the remainder, primarily in stock market index funds.

Henry F. Potter (commonly referred to as Mr. Potter or just Potter) is a fictional character in the 1946 Frank Capra film It's a Wonderful Life, portrayed by veteran actor Lionel Barrymore. Potter is a robber baron and the main antagonist of the film, stealing misplaced money from protagonist George Bailey, seeking to dissolve his building and loan association, and driving him to contemp

Mrs. Fields' Original Cookies Inc. is an American franchisor in the snack food industry, with Mrs. Fields and TCBY as its core brands. Through its franchisees' retail stores, it is one of the largest retailers of freshly-baked-on-premises specialty cookies and brownies in the United States and the largest retailer of soft-serve frozen yogurt in the country. In addition, it operates a gif

MSCI Inc. (formerly Morgan Stanley Capital International) is an American finance company headquartered in New York City. MSCI is a global provider of equity, fixed income, real estate indices, multi-asset portfolio analysis tools, ESG and climate finance products. It operates the MSCI World, MSCI Emerging Markets, and MSCI All Country World (ACWI) indices, among others.

The MSCI KLD 400 Social Index was launched in 1990 and is designed to help socially conscious investors weigh social and environmental factors in their investment choices.

Mt. Gox was a bitcoin exchange based in Shibuya, Tokyo, Japan. Launched in 2010, it was handling over 70% of all bitcoin transactions worldwide by early 2014, when it abruptly ceased operations amid revelations of its involvement in the loss/theft of hundreds of thousands of bitcoin, then worth hundreds of millions in US dollars.

Muamalat (also muʿāmalāt, Arabic: معاملات, literally "transactions" or "dealings") is a part of Islamic jurisprudence, or fiqh. Muamalat has been defined as Islamic "rulings governing commercial transactions",

Muddy Waters Research LLC is an American investment research firm known for activist short selling. It was founded in 2010 by investor Carson Block. The firm publishes due‑diligence reports on publicly traded companies and, through its affiliated investment adviser Muddy Waters Capital LLC, often takes positions consistent with its research.

MUFG Bank, Ltd. is a Japanese bank and the core banking subsidiary of the Mitsubishi UFJ Financial Group (MUFG). It was established on January 1, 2006, through the merger of The Bank of Tokyo-Mitsubishi and UFJ Bank, two major banking groups that themselves were the product of banking mergers. The bank was first named Bank of Tokyo Mitsubishi UFJ (BTMU) before rebranding as MUFG Bank in

On August 24, 2023, a mug shot of Donald Trump, then a former president of the United States who went on to win the 2024 presidential election, was taken at the Fulton County Jail in Atlanta, Georgia. The mug shot was taken after Trump was indicted on racketeering and related charges, and voluntarily surrendered himself to authorities at the Fulton County Jail. In the photograph, Trump,

The Mughal fiscal system was the land-revenue, taxation, and expenditure apparatus of the Mughal Empire in the Indian subcontinent from the early sixteenth to the mid-nineteenth century. Centred on a cash-denominated land tax (jama) that funded a ranked nobility (mansabdars) through revocable revenue assignments (jagirs), the system reached its mature form under Akbar (r. 1556–1605) and

Multi Commodity Exchange of India Limited, also known as the Multi Commodity Exchange of India (MCX), is an Indian commodity exchange. It was established in 2003 and is currently based in Mumbai. It is India's largest commodity derivatives exchange. The average daily turnover of commodity futures contracts increased by 26% to ₹32,424 crore during FY2019-20, as against ₹25,648 crore in FY

In association football, multi-club ownership (MCO) is a business model in which a single individual or entity holds influence in two or more football clubs, or a club over one or more other clubs. There are multiple different criterion for what makes a club a member of an MCO, but most cover decisive control or influence over a clubs' shares, governance, and/or finances. Two of the larg

In mathematical finance, the multi-curve framework refers to

Multi-level marketing (MLM), also called network marketing or pyramid selling, is a controversial and sometimes illegal marketing strategy for the sale of products or services in which the revenue of the MLM company is derived from a non-salaried workforce selling the company's products or services, while the earnings of the participants are derived from a binary compensation commission

A multi-manager fund is an investment product that consists of multiple specialized funds. Each specialized fund may invest across different sectors and markets, or in the same asset class but have different investment styles. For example, large cap value fund versus large cap growth fund.

Multibanco is a Portuguese interbank network. It is the largest interbank network in Portugal owned and operated by SIBS (Sociedade Interbancária de Serviços S.A.), that links the ATMs of 27 banks in Portugal, totaling 12,700 machines as of December 2014. The bank members of Multibanco control the SIBS. Multibanco is a fully integrated interbank network. One of the most notable character

Multicaixa (MCX) is currently the only brand name for debit cards issued in Angola, and also the only interbank network of automated teller machines and point of sales terminals for electronic payments. While the ATMs and the POS (point of sale) terminals are owned by the supporting bank, the network is operated by EMIS (Empresa Interbancária de Serviços S.A.), and the Multicaixa cards

The Multilateral Agreement on Investment (MAI) was a draft agreement negotiated in secret between members of the Organisation for Economic Co-operation and Development (OECD) between 1995 and 1998. It sought to establish a new body of universal investment laws that would grant corporations unconditional rights to engage in financial operations around the world, without any regard to nati

The Multilateral Investment Guarantee Agency (MIGA) is an international financial institution which offers political risk insurance and credit enhancement guarantees. These guarantees help investors protect foreign direct investments against political and non-commercial risks in developing countries. MIGA is a member of the World Bank Group and is headquartered in Washington, D.C. in the

A multilateral trading facility (MTF) is a European Union regulatory term for a self-regulated financial trading venue. These are alternatives to the traditional stock exchanges where a market is made in securities, typically using electronic systems. The concept was introduced within the Markets in Financial Instruments Directive (MiFID), a European Directive designed to harmonise re

Multisourcing is the concept of working with multiple suppliers who are also competitors. Large-scale buyers, such as the U.S. federal government, may want to feel assured that there is more than one supplier for an item.

Multivía was a contactless card designed for paying the travel fares in the mass transport system Transantiago, in Santiago, the capital of Chile. It was replaced by Tarjeta bip! since 2007 and was completely phased-out in 2011. It was a plastic card equipped with a chip that automatically discounts the cost of a travel when passing the card near a contactless card reader.

The Munich Coinage Treaty (German: Münchner Münzvertrag) of 1837 was a treaty between six southern German states who agreed to form the South German Coinage Union (Süddeutsche Münzverein) and to unify their currencies together with some of the central German states. The Munich Coinage Treaty was updated by the South German Coinage Convention of 1845. The agreement is less commonly known

Murābaḥa (Arabic: مرابحة, derived from ribh Arabic: ربح, meaning profit) was originally a term of fiqh (Islamic jurisprudence) for a sales contract where the buyer and seller agree on the markup (profit) or "cost-plus" price for the item(s) being sold. In recent decades it has become a term for a very common form of Islamic (i.e., "shariah-compliant") financing, where the price is marked

The house of Murashu were a family of businessmen and moneylenders based at Nippur in Babylonia in the fifth century BCE. They left an archive of hundreds of cuneiform texts called the Murashu Archive which is often used to understand business and society in the Achaemenid Empire.

Nancy Merle Pfister was an American woman who was found murdered on February 26, 2014, in a walk-in closet of her secluded home in the Rocky Mountains. She had been beaten in the head and chest with a hammer, ax, and lamp. Pfister has been described as having been a "small-town socialite" and was well known in her small community. In October 2014, Trey and Nancy Styler, Pfister's former

Murex is a financial services company that provides financial software (type of Front End Dealing System) for trading, treasury management, risk management, and post-trade operations. It was founded in 1986 by Laurent Néel and Salim Edde.

The Museum of American Finance is an independent public museum dedicated to preserving, exhibiting and teaching about American finance and financial history. It is an affiliate of the Smithsonian Institution. Until 2017 it was located in the Financial District in Manhattan, New York City, but in April 2025 it announced a relocation to Boston, Massachusetts, opening 3 July 2026.

The Museum of Banking history in the Sumy oblast and the History of Ukrainian Money (Ukrainian: Музей розвитку банківської справи на Сумщині та історії грошей) located at the State higher educational institution "Ukrainian Academy of Banking of the National Bank of Ukraine" in Sumy. Its address is Petropavlivska Str., 57, room number 304.

The music industry are individuals and organizations that earn money by writing songs and musical compositions, creating and selling recorded music and sheet music, presenting concerts, as well as the organizations that aid, train, represent and supply music creators. Among the many individuals and organizations that operate in the industry are: the songwriters and composers who write so

Mutares SE & Co. KGaA (styled MUTARES) is an international private equity investor focused on special situations, particularly acquiring parts of large corporations (carve-outs) and companies in transitional phases.

In portfolio theory, a mutual fund separation theorem, mutual fund theorem, or separation theorem is a theorem stating that, under certain conditions, any investor's optimal portfolio can be constructed by holding each of certain mutual funds in appropriate ratios, where the number of mutual funds is smaller than the number of individual assets in the portfolio. Here a mutual fund refer

The first introduction of a mutual fund in India occurred in 1963, when the Government of India launched the Unit Trust of India (UTI). Mutual funds are broadly categorised into three segments: equity funds, hybrid funds, and debt funds.

A mutual insurance company is an insurance company that is people centric, jointly owned and democratically controlled by its policyholders. It is a form of consumers' co-operative that as of 2013 accounted for 27.3% of the global insurance market helping protect 915 million policy holders globally. From a financial perspective, surpluses that are experienced by the mutual are either ret

A mutual savings bank is a financial institution chartered by a central or regional government, without capital stock, owned by its members who subscribe to a common fund. From this fund, claims, loans, etc., are paid. Profits after deductions are shared among the members. The institution is intended to provide a safe place for individual members to save and to invest those savings in mo

The Artist Pension Trust (APT), which merged into the MutualArt Group in 2016, is an investment vehicle specializing in contemporary art, which aims to provide financial security and international exposure to selected artists chosen by its international curatorial team. It has the largest global collection of contemporary art, comprising 10,000 artworks from 2,000 artists in 75 countries

The Myanmar Investment Commission (Burmese: မြန်မာနိုင်ငံ ရင်းနှီးမြှုပ်နှံမှု ကော်မရှင်, abbreviated MIC) is a government-appointed body formerly under the Ministry of Investment and Foreign Economic Relations that appraises domestic investment proposals in Myanmar (Burma). The Myanmar Investment Commission is now under the Ministry of National Planning, Investment and Foreign Economic

MyHeritage is an online genealogy company with web, mobile, and software products and services, founded in Israel in 2003. Users of the platform can obtain their family trees, upload and browse through photos, and search through over 19.9 billion historical records, among other features. In early 2021 it was acquired by Francisco Partners, an American private equity firm, for $600 millio

Myki ( MY-kee), stylised as myki, is a reloadable credit card-sized contactless smart card ticketing system used for electronic payment of fares on most public transport services in Melbourne and regional Victoria, Australia. Myki replaced the Metcard ticketing system and became fully operational at the end of 2012.

MyMagic+ is a suite of technologies first implemented at the Walt Disney World Resort that enable a number of services and enhancements to guests of the resort. Influenced by wearable computing and the concept of the Internet of Things, the system is primarily designed to consolidate various functions, such as payments, hotel room access, ticketing, FastPass, into a digital architecture

MYOB (meaning mind your own business) is an Australian multinational corporation that provides tax, accounting and other business services software to small and medium businesses. It is owned by KKR.

Mystery shopping is a market research method in which a researcher poses as a customer, prospect or user to observe and report on the quality of a sales, service, compliance or customer-experience process, or on job performance. It may be used to assess a company’s own operations, competitors’ operations, or market practices more broadly. The Market Research Society adds that mystery sho