Glossary

Marketplace

A marketplace in finance is a platform where securities, commodities, financial derivatives, and other financial instruments are traded. The primary role of a marketplace is to facilitate liquidity, provide transparency, and maintain the fairness of transactions.

Minute Book

A Minute Book is an official record where a company stores minutes of meetings, resolutions of shareholders or directors, and other corporate records. It is a legal document and must be maintained accurately for regulatory compliance and governance.

MRR (Monthly Recurring Revenue)

Monthly Recurring Revenue is a metric used by companies with subscription-based business models to track the total predictable and recurring revenue generated each month. MRR provides insight into the company’s financial health and growth trajectory, making it easier to make informed strategic decisions.