New Issue: Introduction to Stock or Bond Offerings
A comprehensive explanation of new issues, including initial public offerings (IPOs), regulations, and related terms.
New Listing: Security That Has Just Begun to Trade on an Exchange
A comprehensive guide covering what a new listing is in the context of the stock or bond exchange, its requirements, types, implications, and historical context.
New Money: Long-Term Financing
New Money refers to additional long-term financing provided to a company or government through new issues or issues exceeding the amount of a maturing issue or refunded issues.
New York Cotton Exchange: An Overview of the Cotton Futures Market
The New York Cotton Exchange (NYCE) is a commodities exchange, now a subsidiary of the New York Board of Trade (NYBOT) since 1998, specializing in cotton futures and options contracts.
New York Mercantile Exchange (NYMEX): Overview and Significance
The New York Mercantile Exchange (NYMEX) is a leading commodity derivatives exchange, providing a platform for trading energy futures, options, and other commodity products.
New York Stock Exchange (NYSE): Overview and Significance
An in-depth look at the New York Stock Exchange (NYSE), its structure, history, operations, and significance in global finance.
News Release: Brief Statement or Video Released to the Mass Media
A News Release, also known as a Press Release, is an official announcement issued to the mass media to disseminate information about new products, management changes, sales, earnings data, and other noteworthy developments.
Newsgroup: A Public Forum on the Internet
A detailed examination of Newsgroups - public forums or discussion areas on the Internet, particularly famous for their distribution through the Usenet system, covering thousands of topics.
Nexus: Sufficient Presence within a Jurisdiction of a Taxing Authority
Nexus refers to a sufficient presence within the jurisdiction of a taxing authority, determining the taxable income of a multistate corporation that may be apportioned to a specific state.
Niche: A Specialized Market Segment
A niche represents a particular specialty in which a firm or person finds they prosper, often involving a specialized marketing strategy targeting a small but lucrative portion of the market.
Nifty Fifty: Premier Stocks of the 1960s and 1970s
An overview of the Nifty Fifty stocks, which were most favored by institutional investors during the bull markets of the 1960s and early 1970s.
NLA: Net Leasable Area
Net Leasable Area (NLA) refers to the portion of a commercial property that is available for tenant use, typically measured in square feet or meters, excluding common areas.
NLRA: National Labor Relations Act
The National Labor Relations Act (NLRA), also known as the Wagner Act, is a foundational statute in United States labor law that protects the rights of employees and employers, encourages collective bargaining, and curtails certain private sector labor and management practices, which can harm the general welfare of workers, businesses, and the U.S. economy.
No Fault: A System of Insurance
A comprehensive guide to the No Fault system of insurance, where individuals are compensated for automobile accident injuries regardless of fault.
No-Documentation Loan: Simplified Mortgages without Proof of Income
A no-documentation loan, often referred to as a 'no doc' loan, is a type of mortgage for which borrowers are not required to provide proof of income, employment, or assets, making it distinct from traditional loan products.
No-Fault Automobile Insurance Liability: A Comprehensive Overview
An in-depth exploration of No-Fault Automobile Insurance Liability, where an insured's own policy covers bodily injury and/or property damage without regard to fault, aimed at reducing groundless lawsuits.
No-Growth: Economic Stagnation
A detailed explanation of no-growth economies characterized by little or no increase in Gross Domestic Product (GDP), with historical examples and implications.
No-Load Fund: Mutual Fund without Sales Charges
A no-load fund is a type of mutual fund offered by open-end investment companies that imposes no sales charge on shareholders. Investors buy shares directly from these funds, bypassing brokers, and avoiding the fees associated with load funds.
Node: The Fundamental Unit in Networking
Nodes are individual workstations or devices within Local Area Networks (LANs) or Wide Area Networks (WANs), connected through various mediums like coaxial cables, telephone wires, or telecommunications.
Nolo Contendere: Legal Plea Definition
Nolo contendere is a legal plea where the defendant neither disputes nor admits to the charge. This plea results in the defendant losing the case but without admitting guilt, which cannot be used in other legal proceedings.
Nominal (Interest) Rate: Understanding the Basics
The Nominal Interest Rate is the rate of return on an investment that is unadjusted for the effect of inflation. It is distinguished from the real rate, which is the nominal rate less the rate of inflation.
Nominal Damages: Trivial Sum Awarded in Legal Cases
Nominal Damages are a trivial sum awarded in recognition of a legal injury that was sustained, although it may be slight. It serves to affirm the plaintiff's rights in cases of breach of contract or intentional torts where no substantial recoverable loss can be established.
Nominal Dollars: Amounts Not Adjusted for Inflation
A detailed exploration of nominal dollars, their significance, differences from real dollars, and practical applications in economic analysis.
Nominal Loan Rate: Understanding the Basics
An in-depth explanation of the nominal loan rate, its significance, and how it compares to other interest rate types.
Nominal Scale: Measurement and Classification in Statistics
A comprehensive guide on nominal scales, the weakest level of measurement in statistics, used to categorize and label data without implying any quantitative value.
Nominal Wage: Evaluation of Wage Without Considering Purchasing Power
An in-depth look at nominal wage, which evaluates wages without accounting for the current purchasing power. It explores the significance, examples, historical context, and related terms with definitions.
Nominal Yield: Understanding Interest from Fixed-Income Securities
Explore the concept of nominal yield, its calculation, types, historical context, real-world examples, comparisons with real interest rate, and FAQs.
Nonacquiescence: Announcement of Disagreement with Court Decisions
Nonacquiescence refers to a situation where a court or agency announces that it will not follow a particular court decision, often to maintain a different legal interpretation.
Nonbusiness Income: Definition and Implications
An in-depth exploration of Nonbusiness Income, its taxation implications, types, and related considerations in multistate corporations.
Noncompetitive Bid: Understanding Treasury Bill Purchases Without Price Competition
A noncompetitive bid is a way for smaller investors to purchase U.S. Treasury bills at the average price of competitive bids accepted by the Treasury. Learn the intricacies, applications, and benefits of noncompetitive bidding.
Nonconforming Use: Legal Land Use Exception
A detailed examination of Nonconforming Use, a term referring to land use that was lawful before a zoning ordinance, and that can be maintained despite new regulations.
Noncontestability Clause: Provision in an Insurance Policy
A detailed overview of the Noncontestability Clause, its significance in insurance policies, and its implications for insurers and policyholders.
Nondisclosure Agreement (NDA): Protecting Confidential Information
A Nondisclosure Agreement (NDA) is a legal contract used to protect confidential information shared between parties. This article provides a comprehensive overview of NDAs including their types, applications, and key considerations.
Nondisclosure Agreement (NDA): Protecting Confidential Information
A NonDisclosure Agreement (NDA) is a legally binding contract that ensures sensitive information remains confidential, commonly used across various industries such as IT, biotechnology, finance, and manufacturing.
Nondiscretionary Trust: Definition and Overview
A Nondiscretionary Trust is an investment trust limited to securities listed at its inception, with predetermined asset allocation parameters. Often referred to as a fixed investment trust.
Nondisturbance Clause: Definition and Importance in Real Estate and Mortgage Contracts
A nondisturbance clause is a provision in mortgage or sales contracts that ensures the continuation of leases or guarantees that mineral rights exploration does not interfere with surface development. Essential for the stability of income-producing properties and surface land rights.
Nondivisive Reorganization: Understanding Spin-Offs
An in-depth analysis of nondivisive reorganizations in the context of corporate spin-offs, including definitions, types, examples, and legal considerations.
Nondurable Goods: Overview and Importance
Nondurable goods, also known as soft goods or consumables, are products that are consumed or only usable for a short period before they get replaced. Common examples include food, beverages, and toiletries.
Nonforfeitable: A Key Term in Pension and Profit-Sharing Plans
Nonforfeitable benefits in the context of pension and profit-sharing plans refer to benefits that are guaranteed to the employee regardless of length of service or performance requirements. This ensures financial security and loyalty from employees.
Nonmember Bank: An In-depth Overview
A nonmember bank is a bank that is not a member of the Federal Reserve System and is regulated by the banking laws of the state in which it is chartered.
Nonnegotiable Instrument: Understanding its Definition and Context
A comprehensive guide to understanding nonnegotiable instruments, their types, historical context, and key differences from negotiable instruments.
Nonoperating Expense (Revenue): Income and Expenses Incidental to Core Business
A comprehensive guide to Nonoperating Expense (Revenue), outlining expenses and income that are incidental to a business's main activities, such as the sale of land by a mattress maker.
Nonparametric Statistics: Distribution-Free Methods
Detailed exploration of nonparametric statistical methods that are not concerned with population parameters and are based on distribution-free procedures.
Nonperformance: Legal Implications and Remedies
Nonperformance refers to the failure to fulfill a legal obligation. Learn about liabilities, damages, specific performance, and related legal concepts.
Nonperforming Asset: An Overview
A Nonperforming Asset (NPA) is an asset that ceases to generate income for its holder. Typically applied in banking, NPAs include commercial loans that are 90 days past due and consumer loans 180 days past due.
Nonproductive: Understanding Inefficiency in Efforts and Investments
A comprehensive analysis of nonproductive activities and elements that do not contribute to the production of desired goods or outcomes. It covers the definitions, types, special considerations, examples, historical context, applicability, comparisons, related terms, frequently asked questions, and more.
Nonprofit Corporation: An Overview
A comprehensive guide to understanding nonprofit corporations, their structure, functioning, and significance.
Nonprofit Organization: Characteristics and Benefits
A nonprofit organization is an association allowed to exist without paying income taxes, typically engaged in socially desirable activities. This guide provides a detailed understanding of nonprofit organizations, their benefits, requirements, and examples.
Nonpublic Information: Understanding Insider Trading Regulations
Nonpublic Information involves facts about a company that can significantly impact its stock price when made public. It includes restrictions on trading for insiders until the information is disclosed to the public.
Nonrecognition Transaction: Understanding Tax Deferral Mechanisms
A comprehensive overview of nonrecognition transactions, including definitions, types, applications, and examples. Explore its significance in tax deferral, like-kind exchanges, and more.
Nonrecourse Debt: No Personal Liability for Borrowers
Nonrecourse debt is a type of borrowing where the lender's recourse to the borrower's other assets is barred; the lender can only take the pledged collateral to satisfy the debt.
Nonrecurring Charge: One-time Expense or Write-off in Financial Statements
A comprehensive guide to Nonrecurring Charge, an extraordinary charge appearing in a company's financial statement due to one-time events such as major fire, theft, or changes in accounting procedures.
Nonrefundable Fee or Nonrefundable Deposit: Comprehensive Explanation
A nonrefundable fee or nonrefundable deposit is a charge for a product or service that will not be refunded if the product is returned or service declined; often used like a penalty charge in situations where people frequently back out of commitments.
Nonrefundable Provision: Bonds with Limited Redemption Options
A nonrefundable provision in a bond indenture restricts the issuer's ability to retire bonds using proceeds from a subsequent issue, offering protection to bondholders until a specified date.
Nonrenewable Natural Resources: Resources That Cannot Be Replenished
Nonrenewable natural resources are resources that cannot be restored or replenished once they are exhausted. Examples include fossil fuels like oil and coal. Understanding these resources is critical for sustainable development and environmental conservation.
Nonresident Alien: Definition and Overview
An in-depth explanation of what defines a nonresident alien in the United States, including types, special considerations, historical context, and applicability.
Nonstore Retailing: An Overview
Nonstore retailing encompasses various forms of retail sales without conventional store-based locations, including internet sales, vending machines, direct-to-home selling, telemarketing, catalog sales, mail order, and television marketing programs.
Nonsufficient Funds (NSF): Insufficient Account Balance
Understanding Nonsufficient Funds (NSF) and its implications in banking when the account holds insufficient balance to cover a transaction.
Nontaxable Dividends: Understanding Tax-Exempt Income from Investments
An in-depth exploration of nontaxable dividends, particularly from regulated investment companies or mutual funds whose dividends are derived from tax-exempt state and municipal debt obligations.
Nontaxable Interest: Understanding Tax-Exempt Interest from Municipal Bonds
Nontaxable interest refers to the interest on state and municipal debt obligations, such as municipal bonds, which is generally excluded from federal taxable income. Explore the nuances, types, special considerations, and more.
Nonvoting Stock: Understanding Corporate Securities Without Voting Rights
Nonvoting stock represents corporate securities that do not provide the holder with voting privileges on corporate resolutions or the election of directors, often used in certain financial maneuvers such as takeover defenses.
Norm: Rules and Standards in Society and Psychology
A detailed examination of norms, including their role as rules and standards in society and in psychology as average standards of achievement.
Normal Good: A Good for Which Demand Increases with Income
A comprehensive definition and exploration of normal goods, which are items for which demand rises as consumer income increases, under ceteris paribus conditions.
Normal Operating Cycle: An Essential Financial Term
The Normal Operating Cycle is the period of time required to convert cash into raw materials, raw materials into inventory finished goods, finished goods inventory into sales and accounts receivable, and accounts receivable into cash.
Normal Price: Definition and Overview
Normal price refers to the expected prevailing price in a market over the long term, influenced by various market conditions.
Normal Profit: Definition and Significance in Economics
Normal Profit refers to the minimum profit necessary for a producer to remain involved in a particular industry in the long-term. It is a critical concept in economic theory that helps explain market entry and competition.
Normal Retirement Age: Definition and Overview
Learn about the normal retirement age, the earliest age at which an employee can retire without a penalty reduction in pension benefits after meeting specific criteria.
Normal Wear and Tear: Physical Depreciation
Normal wear and tear refers to the natural and expected decline in the condition of an asset due to age and regular use. This concept is pivotal in various fields including real estate, accounting, and insurance.
Normative Economics: The Study of Economic Policy
An in-depth exploration of Normative Economics, a branch of economics that evaluates economic fairness and guides policy based on subjective criteria and value judgments, a term notably elaborated upon by economist Milton Friedman.
North American Free Trade Agreement: A Comprehensive Overview
In-depth exploration of the North American Free Trade Agreement (NAFTA), its historical context, key provisions, economic impacts, and its replacement, the USMCA.
North American Free Trade Agreement (NAFTA): Landmark Trade Law
The North American Free Trade Agreement, signed in 1993, redefined trade dynamics between the United States, Mexico, and Canada by eliminating tariffs and quotas on imports and agricultural products, facilitating investment, and addressing social issues like environmental concerns, labor abuses, and job retraining.
North American Industry Classification System (NAICS): Business Activity Classification System
The North American Industry Classification System (NAICS) is a system for classifying business activities, developed jointly by the United States, Canada, and Mexico. It uses six-digit codes and replaces the U.S. Standard Industrial Classification (SIC) system. This framework is integral for measuring productivity, constructing input-output relationships, and estimating employment-output relationships and other statistical measures.
Notary Public: Public Officer Authorized to Administer Oaths
A Notary Public is a public officer authorized to perform various legal formalities, including administering oaths, attesting to and certifying documents, and handling certain commercial matters.
Note Receivable: Detailed Definition and Explanation
Understand the concept of Note Receivable, including its definition, types, special considerations, examples, historical context, applicability, comparisons, related terms, FAQs, and more.

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