While studying systems with varying mass, I have come across examples using thrust, and summing all the forces on the system including thrust, as being equal to $F_{net} = M\bar{a}$.
(My system's definition in an example: If the situation deals with a rocket, my system is just the shell of the rocket + unburnt fuel, and not the ejected mass.)
Newton's Second Law of motion states that the net force acting on any system is equal to the rate of change of linear momentum, i.e., $F_{net} = \frac{d\bar{P}}{dt}$. Since $\bar{P} = m\bar{v}$, by the product rule:
$$F_{net} = \frac{d(M\bar{v})}{dt}= M\frac{d\bar{v}}{dt} + \frac{dM}{dt}\bar{v}.$$
My two questions are given below:
What is the physical meaning of the second term ($\frac{dM}{dt}\bar{v}$)?
Why do we ignore it (with the given definition of my system)?