In its legal sense, “mind” means only the ability to will, to direct, to permit, or to assent. In this sense, a corporation has a mind, and exerts its mind […]
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MIND MAPPING
Connections between several ideas or pieces of information become visualized by using this specific type of graphical technique. A web of relationships evolves as each idea or fact captured traces […]
MINDSHARE
Discussion, generated in public or media in terms talk, mention, or reference, as this type of informal measure of an idea, firm, or product impact.
MINE
A pit or excavation In the earth, from which metallic ores or other mineral substances are taken by digging. Webster; Marvel v. Merritt, 110 U. S. 11, 6 Sup. Ct. […]
MINER
One who mines; a digger for metals and other minerals. While men of scientific attainmeuts, or of experience in the use of machinery, are to be found iu this class, […]
MINERAL
stream for the purpose of operating the mill, with due regard to the rights of other owners above and below him on the stream. Gould v. Boston Duck Co., 13 […]
MINERAL DEED
the name that is given to the document that transfers the owners right to minerals lying under land he owns.
MINERAL LEASE
In exchange for predetermined compensation , this is a specific type of lease arrangement between an entity and a property owner . It grants the entity the rights to explore […]
MINERAL OIL
Mineral, and not vegetables as the sources of this specific type of oil. Petroleum is the actual source, making this term an imprecise alternative .
MINERAL RIGHT
the name applied to the right to remove minerals from an area of ground.
MINERAL RIGHTS
Rights to search for and remove minerals from the land belonging to the owner, typically a landlord. Mineral rights are an asset that the mineral right ‘s owner may sell […]
MINERATOR
In old records. A miner. Minima poena corporalis est major qnalibet pecnniaria. The smallest corporal punishment is greater than any pecuniary one. 2 Inst. 220. Minime mutanda sunt quae certain […]
MINI
Insurance that only covers one line of risk.
MINI COMPUTER
Server supporting up to about 200 users. An older industry term.
MINI MILL
Scrap mixed with directly reduced iron (DRI) is used by this type of steel mill that makes metal not from the ore.
MINI TAIL
After a claims made policy has expired, a 60-day extension that was added to a policy’s reporting time frame becomes this automatic extension allowing the insured to make claims until […]
MINI-WAREHOUSE LIMITED PARTNERSHIP
This type of partnership invests funds into small warehouses. They then lease the available space available at a monthly rate to other entities. Partner percentage is the rate of division […]
MINIBAR
Snacks and beverages are retained in a hotel room in this type of small refrigerator. The items consumed are added to a guest’s bill.
MINIMAX PRINCIPLE
Minimizing the maximum losses that could occur in an event or situation is this specific type of decision-making principle. Should a strategy fail, this financial and business strategy measures potential […]
MINIMAX REGRET CRITERION
Minimizing regret as the highest criterion for choosing a decision path over another. This criterion encourages avoiding regret In a situation where an event’s expected payoff is less than expected. […]
MINIMENT
An old form of muniment, (q. v.) Blount. Minimum est niliilo proximum. The smallest is next to nothing.
MINIMUM AMOUNT POLICY
A minimum face value is specified in this specific type of policy.
MINIMUM CASH BALANCE
Cash planning during an accounting period to avoid or cover up cash shortfalls between cash inflows and outflows drives management to maintain this specific type of the least amount of […]
MINIMUM CHARGE
A service invoice has the lowest amount applied.
MINIMUM COMPENSATION LEVEL
In order to qualify to take part in a pension plan or profit sharing plan an employee must earn this specific pay amount.