Business / Finance / Furthest Month: The substitutability of listed options, which is dependent upon their common expiration dates and strike prices. The congruence of expiration dates and strike prices lets investors close positions by offsetting transactions through the options clearing corporation.
Health / Health Insurance / Monthly Operating Report (MOR): A document that reports the month- and year-to-date financial status of a managed care plan. MORE
Business / Finance / Nearest Month: The expiration date of an option or future that is closest to the present. MORE
Business / Finance / Monthly Investment Plan: A plan in which a certain amount is invested each month in order to benefit from dollar cost averaging. MORE
Business / Finance / Monthly Income Preferred Security (MIP): Preferred stock issued by a subsidiary located in a tax haven. The subsidiary relends the money to the parent. MORE
Business / Real Estate / Month-To-Month Tenancy: A periodic tenancy under which the tenant rents for one month at a time. In the absence of a rental agreement (oral or written) a tenancy is generally considered to be month to month. MORE