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| Marble
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Limestone flooring known for its elegant appearance created by polishing its very hard surface. Now available in tiles. |
| Marble tile
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Marble cut into tiles, usually 3/8 inch to 3/4 inch thick. Available in various finishes, including polished, honed and split face. |
| Margin
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(1) A constant amount added to the value of the index for the purpose of adjusting the interest rate on an adjustable rate mortgage. (2) Percentage added to the index of a loan and fixed for the life of that loan. Once the initial interest rate on an adjustable-rate loan expires, the interest rate moves toward the sum of its index plus a margin. (3) Border around something. (4) Ability beyond a normal range. |
| Margin of security
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Buffer amount between the value of the collateral and the principal balance of the obligation. |
| Margin trowel
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Masonry trowel, which has a small rectangular flat blade. |
| Marginal cost
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The cost of producing one additional unit of a product. |
| Marginal land or property
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Property that is barely profitable to put use and which has poor income potential. |
| Marginal plant
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Plants that will grow on the edges of ponds or lakes and when cultivated will make nice plants around a water garden (i.e. iris). |
| Marginal satisfaction
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Increased satisfaction a buyer obtains from purchasing an additional unit of a good, service or property. |
| Marginal tax bracket
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The amount of income tax that an investor would pay on the next dollar of income. Generally, the marginal rate is higher than the average rate because of the progressive tax rate structure. |
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