Business Glossary
Clear, concise definitions of key business terms in payroll, finance, HR, compliance, and outsourcing. Your reference guide from MYND's domain experts.
Showing 15 terms starting with "M"
Clear filterManagement Accounting
Management Accounting Management accounting , also known as managerial accounting, is a subset of accounting that provides financial and non-financial information to managers within an organization...
View definitionManagement Accounts
Management Accounts Management accounts , also known as internal accounts or performance reports, are financial reports generated by a business for its own internal use.
View definitionManager Self-Service
Manager Self-Service (MSS) Manager Self-Service (MSS) is a technological capability within Human Resource Information Systems (HRIS) or Human Capital Management (HCM) platforms that empowers line...
View definitionManpower Planning
Manpower Planning Manpower Planning , often interchangeably referred to as Human Resource Planning (HRP) or Workforce Planning , is the continuous process of systematic planning to achieve the...
View definitionMarket Mapping
Market Mapping: Understanding Your Business Landscape Market mapping is a strategic business practice that involves visually representing and analyzing the various components of a target market.
View definitionMaternity Leave
Maternity Leave: Supporting New Mothers in the Workplace Maternity leave is a period of paid or unpaid absence from work granted to a mother before and after childbirth or adoption.
View definitionMCA (Ministry of Corporate Affairs)
Ministry of Corporate Affairs (MCA) The Ministry of Corporate Affairs (MCA) is a government ministry of the Republic of India responsible for the administration of the Companies Act, 2013, the...
View definitionMedical Allowance
Medical Allowance: Understanding Employee Health Benefits A Medical Allowance , often referred to as a health allowance or medical benefit, is a predetermined amount of money or a reimbursement...
View definitionMediclaim Processing
What is Mediclaim Processing in Human Resources? In the domain of Human Resources (HR) and employee benefits administration, Mediclaim Processing refers to the end-to-end systematic management, verifi...
View definitionMerger & Acquisition
Mergers and Acquisitions (M&A) Mergers and Acquisitions (M&A) refer to the consolidation of companies or their assets through various financial transactions.
View definitionMGT-7 (Annual Return)
MGT-7 (Annual Return): A Comprehensive Overview MGT-7 is a crucial form prescribed under the Companies Act, 2013, in India, requiring companies to file an annual return with the Registrar of...
View definitionMinimum Wage Compliance
Minimum Wage Compliance Minimum Wage Compliance refers to the practice and systemic adherence by organizations to laws and regulations establishing the lowest legal remuneration that employers can...
View definitionMIS (Management Information System)
Management Information System (MIS) A Management Information System (MIS) is a computer-based system used by organizations to collect, process, store , and disseminate information to support...
View definitionMonth-End Close
Month-End Close The Month-End Close , often referred to as the period-end close or accounting close, is a critical accounting process that occurs at the end of each accounting period (typically a...
View definitionMulti-location Lease Management
What is Multi-location Lease Management?
View definition