monopolistic competition: a market in which many
firms are selling similar (but not identical) products.
monopoly: market in which there is only one seller. What
you tried for in the game with the same name: complete domi-
nation of a market. When you have a monopoly, you have no
competitors for what you're selling.
mortgage: a long-term loan usually used to finance a
building.
municipal bond: these bonds are issued by state or local
government entities, such as cities and counties. Interest
earned is generally tax-free.
mutual funds: corporations that sell stock and use the
proceeds to invest or speculate in the securities markets.
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These funds pool money from many investors, and fund
managers invest the money in specific types of securities.
Money market funds are a type of mutual fund.
