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| Material defect
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Problem in a specific property that could affect the property's value or salability. |
| Material fact
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Information about a piece of property that could affect its salability and might change an individual's decision to purchase. |
| Material man
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A person who supplies materials used in the construction or repair of a building or other property. |
| Material man's lien
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Legal lien on property on behalf of an individual who has not been paid for material furnished in constructing property. |
| Material participation
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A tax term introduced by the 1986 tax act, defined as year-round active involvement in the operations of a business activity on a regular, continuous and substantial basis. |
| Material safety data sheets (msds)
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Product safety information sheets prepared by manufacturers and marketers of products containing toxic chemicals. These sheets can be obtained by requesting them from the manufacturer or marketer. Some stores, such as hardware stores, may have material safety data sheets on hand for products they sell. |
| Matrix
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(1) That from which something takes shape, originates, develops, etc. (2) A die or mold used for casting. (3) Rock or material, such as cement or mortar, in which pebbles, fossils, or other items are embedded. (4) Set of items arranged in rows or columns to perform a specific function. |
| Matte
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Also spelled mat, it is a dull surface with no shine. |
| Matte finish
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Low sheen paint finish. |
| Maturity
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The due date when a mortgage or a loan must be paid. |
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