| Manipulations | The act of transacting in the securities of a company that will have or is likely to have the effect of raising or lowering or maintaining the price of the company's securities on a stock market, with the intention of inducing other persons to purchase or subscribe for the company's securities. Such acts are illegal under the Securities Industry Act 1983. |
| Market Capitalization | The total value of a listed company's shares based on current market price. |
| Marketable Parcel | Shares traded on a stock exchange as set in multiples based on share price. |
| Market Bids | A scale on which trading bids, through a stock exchange, are based. |
| Memorandum of Association | The document of a company that lays down its name, registered office, objectives, share capital and the liability of its members in the event of winding up. |
| Merger | In general terms, the amalgamation of two business enterprises into a new entity. |