Management Buy-In (MBI)
See Buy ins.
Management Buy-Out (MBO)
See Buyouts.
Managed fund
Arrangement which usually involves the pooling of the contributions of a plan in a particular fund. This is managed by an external manager and management charges, insurance premiums and benefits are paid. Income earned is credited to the fund.
Macro
Usually in reference to economics. The study of economic aggregates and their relationships to, for example, money, employment, interest rates, government spending, investment and consumption.