Fully Modified Pass-Throughs

Business / Finance / Fully Modified Pass-Throughs: Used to describe an investor whose assets are totally committed to investments, typically stock.

Modified Pass-Throughs

Business / Finance / Modified Pass-Throughs: Agency pass-throughs that guarantee (1) timely interest payments and (2) principal payments as collected, but no later than a specified time after they are due. Related: Fully modified pass-throughs. MORE

Modified American Plan ( Map)

Life Style / Travel / Modified American Plan ( Map): A meal plan that includes two or more daily meals, usually breakfast and dinner. MORE

Modified Adjusted Gross Income (MAGI)

Business / Taxes / Modified Adjusted Gross Income (MAGI): Your modified adjusted gross income (MAGI) is your adjusted gross income (AGI) plus deductions, such as college loan interest and contributions to a deductible individual retirement account (IRA), whi MORE

Modified Accelerated Cost Recovery System (MACRS)

Business / Accounting / Modified Accelerated Cost Recovery System (MACRS): IRS regulations that allocate the cost of an asset according to predefined recovery periods and percentages. MORE

Genetically Modified Organisms (GMO)

Business / Agriculture / Genetically Modified Organisms (GMO): A term, currently used most often in international trade discussions, that designates crops that carry new traits that have been inserted through advanced genetic engineering methods (e.g., Flavr Save MORE

Modified Duration

Business / Finance / Modified Duration: The ratio of Macaulay duration to (1 + y), where y = the bond yield. Modified duration is inversely related to the approximate percentage change in price for a given change in yield. MORE

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