Nominal Interest Rate Rate of interest before inflation is adjusted for. … [Read more...]
Nominal Price
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Nominal Price Quoted price on futures during the period when no trading occurred with the futures contract. … [Read more...]
Non-Cumulative Preferred Stock
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Non-Cumulative Preferred Stock Opposite of cumulative preferred stock. Preferred stock category where dividends will not be disbursed to holders when the company fails to make such payments. … [Read more...]
Non-Financial Services
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Non-Financial Services Services not linked to investment. For example, insurance, travel, freight and passenger services. … [Read more...]
Non-Financial Asset
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Non-Financial Asset Physical asset like property, machinery, painting with some specific value. … [Read more...]
Non-Insured Plans
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Non-Insured Plans Opposite of insured plans. Non guaranteed pension plans that are not linked to life insurance offerings. Come with defined benefits. … [Read more...]
Non-Parallel Shift in the Yield Curve
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Non-Parallel Shift in the Yield Curve Opposite of parallel shift in yield curve. A change seen in a yield curve where different maturities of the same security show different yield changes as measured in basis points. … [Read more...]
Non-Reproducible Assets
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Non-Reproducible Assets A physical or tangible asset that has certain special physical characteristics. For example, property, paintings etc. … [Read more...]
Non-Tradables
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Non-Tradables Services or goods manufactured in a country and used for domestic consumption that are not comparable to imported or exported services and goods. … [Read more...]
Noncapped Fund
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Noncapped Fund Mutual fund that has no limit on the yearly operating expenses charged to unit holders or shareholders. The entire cost of business is covered fully in such a fund. … [Read more...]
Noncash Charge
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Noncash Charge Zero cash outflow charge or a charge shown in the books that does not encompass an actual expenditure in cash. For example, depletion, depreciation, amortization. … [Read more...]
Noncompetitive Bid
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Noncompetitive Bid Related to Treasury auctions. Bid placed for a given number of securities at a price that equals the average price of the bids accepted finally. … [Read more...]
Nondiversifiability of Human Capital
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Nondiversifiability of Human Capital The problems that arise in diversification when applied to human capital owing to the special skills of different individuals. … [Read more...]
Nondiversifiable Risk
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Nondiversifiable Risk Also see: systematic risk. Risks that cannot be mitigated by spreading investment across different instruments and assets. … [Read more...]
Non Directed Order
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Non Directed Order Order given by customer to broker where instructions are not given with respect to routing destination. … [Read more...]
Non-marketed Claims
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Non-marketed Claims Liabilities or claims that are difficult to sell or buy in the markets. For example, lawsuit damages. … [Read more...]
Nonrecourse
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Nonrecourse Where there is no lien over assets beyond the liability stated in the contract. … [Read more...]
Nonredeemable
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Nonredeemable Where terms of indenture do not permit redemption. … [Read more...]
Nonrefundable
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Nonrefundable Where the terms of indenture specifically eliminate the possibility of refund. … [Read more...]
Non Refundable Tax Credit
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Non Refundable Tax Credit Also called wastable tax credit. A tax credit that cannot bring total payable tax to below zero. … [Read more...]
