Netting Out To attain a profit after all costs and earnings are set off against each other. … [Read more...]
Neutral Period
Neutral Period Period during which Eurodollars are sold in Euro market when it does not end or begin on a day prior to a holiday or on a Friday. … [Read more...]
New York Clearing House Association
New York Clearing House Association Organization that works to simplify and facilitate interbank transactions. Established in 1853 on the lines of the London Clearing House. … [Read more...]
New York Stock Exchange (NYSE)
New York Stock Exchange (NYSE) Largest dollar stock exchange in the world where more than 2700 securities are listed and traded. Also called the Exchange or Big Board. Located in Wall Street, New York, NYSE was established in 1792. Provides a platform for buyers and sellers to … [Read more...]
New-Issues Market
New-Issues Market Marketplace where new security issues are opened for investors to purchase. … [Read more...]
New Money
New Money Used with Treasury auctions. Difference between par value of offered securities and that of maturing securities. … [Read more...]
Nexus (of contracts)
Nexus (of contracts) A grouping of or collection of a particular class of items. … [Read more...]
No Cash Out Refinance
No Cash Out Refinance Refinance of a mortgage with another that is less than or equal to the loan balance outstanding plus loan settlement cost. … [Read more...]
No Load Mutual Fund
No Load Mutual Fund Mutual fund where shares or units are sold without any sales charges that is typically charged with such investments. Other distribution fees may be imposed, for example, Article 12B-1 fee. However, neither charge is imposed on a true no load fund. … [Read more...]
Noise
Noise Fluctuations in price and volume that create ambiguity in interpreting the direction that the market is moving in. … [Read more...]
Noise Trader
Noise Trader Investor who bases investment decisions on trends prevailing in the market rather than fundamental factors and information. … [Read more...]
No-Load Fund
No-Load Fund A zero sales commission mutual fund. May charge other fees like purchase fee, redemption fees etc. … [Read more...]
Nominal
Nominal A variable that is not adjusted for inflation or other influencing factors. May differ significantly from the real or actual value. For example, nominal interest rate will be different from effective interest rate because of differences in compounding. … [Read more...]
Nominal Annual Rate
Nominal Annual Rate Rate that actually comes into effect in a period, multiplied by the total number of such periods annually. … [Read more...]
Nominal Cash Flow
Nominal Cash Flow Cash flow in absolute terms if the actual value is to be given or taken in dollars without inflation being taken into account. … [Read more...]
Nominal Exchange Rate
Nominal Exchange Rate Quotes at any given time for foreign exchange transactions. Different from the real rate of exchange that gives the rate after purchasing power differences are adjusted for. … [Read more...]
Nominal GDP
Nominal GDP GDP not adjusted for inflation. Also called current dollar GDP. … [Read more...]
Nominal Interest Rate
Nominal Interest Rate Rate of interest before inflation is adjusted for. … [Read more...]