Economics

New Protectionism: Modern Economic Strategies
An in-depth exploration of the revival of protectionism in economics, incorporating strategic considerations and the effects of increasing returns to scale in industry.
New State Pension: Understanding the UK's Modern Pension Scheme
An in-depth overview of the New State Pension in the UK, including its historical context, structure, key events, calculations, and significance.
New York Mercantile Exchange: Comprehensive Overview
A detailed examination of the New York Mercantile Exchange (NYMEX), including its history, key events, types of traded commodities, importance, and related financial aspects.
New York Stock Exchange: Overview and History
Comprehensive coverage of the New York Stock Exchange (NYSE), including its history, operations, key indexes, and its significance in the global financial markets.
Newly Industrialized Countries: Rapid Economic Growth and Transformation
An overview of Newly Industrialized Countries (NICs), their historical context, characteristics, importance, and examples. Explore the economic models, key events, and impact on global trade and economy.
Next Eleven (N-11): Emerging Economic Powers
The Next Eleven (N-11) refers to countries identified by Goldman Sachs that have the potential to become some of the world’s largest economies in the 21st century.
NEXT-IN-FIRST-OUT COST: Innovative Inventory Valuation Method
NEXT-IN-FIRST-OUT COST (NIFO cost) is a method of valuing units of raw material or finished goods issued from stock by using the next unit price at which a consignment will be received for pricing the issues.
NFP: Not-For-Profit Organizations
A comprehensive overview of not-for-profit organizations, including historical context, types, key events, importance, examples, and related terms.
Nickel: U.S. Currency Coin Worth Five Pennies
A comprehensive examination of the U.S. nickel, its history, composition, and significance in American currency.
Night Economy: An Overview of Economic Activities During the Night
The Night Economy encompasses a broad range of economic activities that occur during the evening and nighttime hours, including dining, entertainment, cultural events, and essential services.
Nihon Keizai Shimbun (Nikkei): A Major Japanese Financial Newspaper
Nihon Keizai Shimbun, often referred to as Nikkei, is one of Japan's most prominent financial newspapers, offering comprehensive coverage of the economy, markets, and corporate news.
NIKKEI INDEX: The Principal Index of Japanese Share Prices
A comprehensive overview of the NIKKEI INDEX, including its historical context, key events, detailed explanations, importance, applicability, and related terms.
NIPS CODE: Best Practices for Wholesale Market Traders and Brokers
An in-depth look at the NIPS CODE, a code of best practice issued by the Bank of England for traders and brokers in the wholesale markets in Non-Investment Products (NIPs). It replaced the former London Code of Conduct in 2001.
NIT: Negative Income Tax
An exploration of Negative Income Tax (NIT), its historical context, principles, models, implications, and applications in economic policies.
NNP: Net National Product
An exploration of Net National Product, a vital economic indicator that reflects a nation's economic performance after accounting for depreciation.
No Arbitrage: The Absence of Risk-Free Profit
The concept of no arbitrage asserts that there are no opportunities to earn a risk-free profit with no investment in efficient markets.
Noise: Understanding Its Implications in Various Domains
An in-depth exploration of noise, its definitions in different contexts, historical evolution, types, key events, mathematical models, and its importance across various fields.
Nominal Anchor: Mechanism for Determining the General Price Level in an Economy
An in-depth exploration of Nominal Anchors, including their historical context, types, key events, detailed explanations, mathematical formulas, charts, applicability, and more.
Nominal Bonds: Bonds That Do Not Adjust for Inflation
An in-depth look into nominal bonds, a type of bond that does not adjust for inflation, with historical context, key events, explanations, mathematical models, and more.
Nominal Exchange Rate: Understanding Currency Exchange Prices
An in-depth look at the market price for exchanging one currency for another, including historical context, types, key events, explanations, models, and more.
Nominal GDP: Gross Domestic Product at Current Market Prices
Nominal GDP is Gross Domestic Product measured at current market prices, without adjustment for inflation. It represents the total market value of all final goods and services produced within a country in a given period.
Nominal GNP: Market Value of Production Without Inflation Adjustments
A comprehensive guide to understanding Nominal GNP, its definition, calculation, significance, and comparison to Real GNP. Learn about its components, historical context, and application in economic analysis.
Nominal Income: Definition and Implications
Nominal income refers to the total amount of money earned without adjusting for inflation, which plays a critical role in economic analysis and financial planning.
Nominal Price: Definition and Explanation
A comprehensive understanding of nominal price, its context, types, and significance in economics and finance.
Nominal Prices: Understanding Unadjusted Prices
Explore the concept of nominal prices, which reflect the current prices of goods and services without adjusting for inflation. Understand their significance in economics, their differences from real prices, and their practical applications.
Nominal Protection: Understanding Tariff-Induced Price Increases
Explore the concept of Nominal Protection, the proportional price increase in imported goods due to tariffs, in contrast with effective protection. This comprehensive article provides detailed explanations, historical context, types, key events, models, examples, related terms, and more.
Nominal Rate: Stated Interest Rate Without Compounding
The nominal rate, often referred to as the stated interest rate, is the interest percentage on a financial product like a loan or investment without accounting for compounding.
Nominal Terms: Understanding Values Not Adjusted for Inflation
An in-depth exploration of nominal terms, which are financial values not adjusted for inflation, covering historical context, types, key events, mathematical models, and their importance in various fields.
Nominal Variables: Understanding Measures Not Adjusted for Inflation
Explore the concept of Nominal Variables, which are measures calculated without accounting for changes in price levels. Learn about their impact in Economics and Finance.
Nominal vs. Real Values: Understanding Price Adjustments for Inflation
A comprehensive guide to understanding the difference between nominal and real values in economics, finance, and beyond, highlighting their significance in adjusting for inflation.
Non-Accelerating Inflation Rate of Unemployment (NAIRU): Concept and Implications
The Non-Accelerating Inflation Rate of Unemployment (NAIRU) refers to the specific level of unemployment that stabilizes inflation. It is crucial in economic policy-making, influencing decisions on interest rates and fiscal policies.
Non-Contributory Pension: Employer or Government-Funded Pensions
An in-depth overview of Non-Contributory Pensions, covering their historical context, types, key events, detailed explanations, importance, applicability, examples, considerations, related terms, comparisons, interesting facts, famous quotes, and FAQs.
Non-Contributory Pension Scheme: Employer-Funded Retirement Plans
An in-depth look at non-contributory pension schemes, where the employer shoulders the entirety of contributions, and the implications for employees and businesses.
Non-Cooperative Games: Independent Decision-Making
Non-Cooperative Games are scenarios in game theory where players make decisions independently, aiming to maximize their own benefits without cooperation.
Non-cumulative Preference Shares: An Overview
An in-depth exploration of non-cumulative preference shares, their characteristics, types, historical context, key events, mathematical models, and much more.
Non-Deposit Taking Institutions: Comprehensive Guide
An in-depth look at Non-Deposit Taking Institutions (NDTIs), their roles, types, benefits, differences from deposit-taking institutions, and their impact on the financial market.
Non-Discrimination: Ensuring Equal Treatment
Non-discrimination involves the equal treatment of comparable cases without prejudice or bias. It is applicable across various fields such as employment, international trade, and pensions. This article delves into its historical context, principles, and debates surrounding non-discrimination.
Non-Excludable: Characteristics and Importance
Non-Excludable goods are those for which it is not possible to exclude non-payers from consumption, crucial in economics and public policy.
Non-Fungible: Understanding Unique Assets
Exploring the concept of non-fungible assets, their characteristics, applications, and significance in various fields.
Non-Governmental Organization: Independent Voluntary Associations for Common Purposes
An NGO is an independent voluntary association of people working together for a common purpose, excluding government offices, profit-earning, and illegal activities. Examples include Oxfam and Médecins Sans Frontières.
Non-Highly Compensated Employee (NHCE): Key Retirement Plan Participant
Understanding Non-Highly Compensated Employees (NHCEs) in the context of retirement plans, their roles, benefits, and implications for workplace equity.
Non-Highly Compensated Employees (NHCEs): Definition and Importance in Retirement Plans
A comprehensive guide to understanding Non-Highly Compensated Employees (NHCEs), their role in retirement plans, and how they differ from Highly Compensated Employees (HCEs).
Non-Labour Income: An Overview of Earnings Beyond Employment
Non-labour income refers to earnings derived from sources other than employment, such as investments, government benefits, and other non-employment financial gains.
Non-Monetary Job Characteristics: An In-Depth Analysis
Non-Monetary Job Characteristics refer to job features other than financial rewards, such as working conditions, opportunities for promotion, and the location of the workplace. They are crucial in employee satisfaction and retention.
Non-Pecuniary: Beyond Monetary Measures
Non-pecuniary refers to aspects that cannot be quantified in monetary terms, such as emotional distress or pain and suffering.
Non-Pecuniary Benefits: Enhancing Job Satisfaction Beyond Salary
Non-pecuniary benefits refer to perks and advantages of employment that are not monetary. Examples include flexible working hours, remote working options, and professional development opportunities.
Non-Performing Debt: Challenges and Implications
Non-performing debt refers to the debt on which interest and principal payments are not being made as scheduled. It poses significant challenges to lending institutions, affecting their financial health and reputation.
Non-Price Competition: Enhancing Market Share Beyond Pricing
Comprehensive exploration of non-price competition, including its historical context, types, key strategies, and importance in modern economics. Understand how companies compete without altering prices and the impact of these strategies on market dynamics.
Non-Production Overhead Costs: A Comprehensive Guide
An in-depth look at the indirect costs of an organization that are not classified as manufacturing overhead, covering administration, selling, distribution, and research and development costs.
Non-profit Organization: A Comprehensive Overview
An in-depth exploration of non-profit organizations, including definitions, types, historical context, and real-world applications.
Non-Profit Organization: Definition and Overview
An entity organized for purposes other than generating profit, aimed at serving the public good and furthering social causes.
Non-Public Information: Crucial for Market Integrity
A detailed examination of non-public information, including its significance, implications, regulations, and examples within various sectors.
Non-Purchased Goodwill: Understanding Inherent Value
An in-depth examination of non-purchased goodwill, its historical context, types, key events, explanations, importance, applicability, and related terms.
Non-Responsive Bid: Understanding Its Implications and Consequences
A non-responsive bid is a bid that fails to comply with the solicitation requirements. This article explores the concept, types, key events, detailed explanations, and more.
Non-Rivalrous: Understanding Non-Rivalrous Goods
A comprehensive exploration of non-rivalrous goods, including their properties, historical context, types, key examples, mathematical models, and importance in economics.
Non-Tariff Barriers: Trade Restrictions Beyond Tariffs
Non-tariff barriers (NTBs) are trade restrictions that countries use to control the amount of trade across their borders without imposing traditional tariffs.
Non-Tariff Barriers (NTBs): Forms of Trade Restrictions
Non-Tariff Barriers (NTBs) are various forms of trade restrictions that do not involve tariffs, aiming to impose limitations or controls on imports and exports to protect domestic industries or achieve other policy objectives.
Non-Tradables: An In-Depth Exploration
Non-tradables are goods and services that cannot be traded internationally due to inherent physical or practical limitations.
Non-Uniqueness of Equilibrium: Multiple Solutions in Economic Models
A situation in economic models where more than one outcome satisfies the equilibrium conditions, which may be either isolated or form a continuum. It explores economic behaviors, forward-looking activities, and implications of multiple equilibria.
Non-Wage Income: Income from Sources Other Than Employment
A comprehensive guide to understanding non-wage income, its types, historical context, importance, and application in various fields.
Norges Bank: The Central Bank of Norway
Norges Bank is the central bank of Norway, responsible for issuing the Norwegian Krone and managing Norway’s monetary policy. It plays a crucial role in the country’s economic stability and financial system.
Normal Good: Understanding Income-Sensitive Goods
A comprehensive look at normal goods, their types, key characteristics, economic implications, and examples in the context of consumption and income elasticity.
Normal Losses: Expected and Unavoidable Losses in the Production Process
An exploration of Normal Losses, focusing on their role in various industries, how they are calculated, and their significance in operational efficiency and financial accounting.
Normal Obsolescence: An Overview of Foreseen Asset Depreciation
A comprehensive look at normal obsolescence, the loss of value of an asset that can be anticipated through wear and tear or the passage of time, along with its implications, examples, and related terms.
Normal Retirement Age (NRA): The Age for Full Pension Benefits
The Normal Retirement Age (NRA) is the age at which a person can retire with full social security or pension benefits, without any reduction. Learn about its historical context, importance, key events, and applicability.
Normal Volume: Budgeted Volume of Production
The volume of activity used to determine the overhead absorption rate in a system of absorption costing, usually the budgeted volume of production for a period.
Normative Accounting Theory: Prescriptive Approach to Accounting
Normative Accounting Theory prescribes how accounting should be done, offering guidelines and principles for creating and evaluating accounting practices, contrasting with Positive Accounting Theory, which describes and predicts current practices.
Normative Economics: An Exploration of Economic Ideals
Normative Economics concerns how the economy ought to be run, emphasizing efficiency and equity. This article explores historical context, types, key events, models, importance, and applicability.
Normative Theories of Accounting: Prescriptive Frameworks for Financial Reporting
Normative Theories of Accounting focus on what accounting procedures and policies should be, guided by a priori concepts and deductive reasoning, rather than merely describing current practices.
North Sea Oil: A Major Source of UK Oil Extraction
An extensive exploration of North Sea Oil, its significance in UK oil extraction, historical context, types, key events, extraction methods, economic impact, environmental considerations, and more.

Finance Dictionary Pro

Our mission is to empower you with the tools and knowledge you need to make informed decisions, understand intricate financial concepts, and stay ahead in an ever-evolving market.