Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

Category: Finance Dictionary

MULTIPLE RETIREMENT AGES

An employee’s retirement age, receiving benefits, either full or reduced. Three types exist: normal, early, and deferred. Normal retirement is the usual time an employee is allowed to retire and receive full

MULTIVARIATE DATA

Based on the variables types collected and used by financial analysts, profits, cash flow, risk, and even new product ideas are analyzed and estimated. The analysis of this data as statistics typically

MYERS-BRIGGS PERSONALITY TYPE INDICATOR

Classifying personalities into four categories by personality typing. This test uses independent orthogonal types or scales: (1) Extroversion (E) vs. Introversion (I), (2) Sensing (S) vs. intuition (N), (3) Thinking (T) vs.

NARROWCASTING

Using a select audience number or a small geographical area to spread an advertising message or signal. Cable television, direct mail, specialized trade publications, seminars, and keyword-associated web advertising are all media

NATURAL PERSON

A human being, naturally born, versus a legally generated juridical person.

NEGATIVE CARRY

1. In Banking, this occurs when income earned from a loan is less than the bank’s fund costs. Also known as negative cost of carry. 2. In Borrowing, this occurs when fund

NEGATIVE PREGNANT

Implicitly accepting culpability while explicitly denying the charge is what this type of ambiguous negative statement is. Contrast to affirmative pregnant.

NEPHROTOXIN

Antimony compounds, dimethyl formamide, and tetrahydrofuran are specific substance that causes kidney damage.

NET LOSS

in an accounting period total costs and expenses exceeds total revenue by this amount.

NET PURCHASE RECORDING

Recording method for cash discounts or purchases accounting. Its journal entry basis is invoice amount minus expected cash discount. The discount is charged to discounts lost account if the discount is not

NET-TO-NET LEASE

A portion of everything: rent, taxes, insurance, and maintenance fees is paid by the renter under this specific type of agreement.

NEW CLASSICAL ECONOMICS

Macroeconomic thought as a knowledge base. Emerging during the 1970s, based on roles known as rational economic agents, and rational expectations theory. It is seen as an extreme monetarism formulation. It argues

NEW YORK STOCK EXCHANGE (NYSE) COMPOSITE INDEX

Market capitalization value weighted index. Covers common stock price movements as ordinary shares of some 2300 firms listed on NYSE. , All shares relate to an aggregate market capitalization value set December

NEXT OF KIN

A wife, by affinity, or by blood, like a parent, sibling, or offspring is a deceased’s nearest relative.

NITRITE (NO2-)

Nitrous acid ester or salt containing the nitrite (NO2) ion. Certain bacteria in the soil convert nitrites into nitrates as plant nutrients. They are used mainly as meat coloring agents and food

NOMENCLATURE

Official names, terms, or specialized vocabulary as a set or system, used in a specific area, discipline, or subject, like accounting, engineering, finance, or law. As an online dictionary, for example, this

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