Category: N

A retirement plan that does not meet the IRS requirement for tax treatments, and as such they do are not considered to be a qualified retirement plan.

A loan that is used to purchase nonresidential property such as an office building or a factory.

Elements such as body language and tone that communicate perceptual information in a social exchange.

The best possible buyor sell order for securities wherin the broker is not held liable due to a failure to obtain the best possible price. The order is used as a substitute

Accounting that conforms to the NFP cost accounting standards and is applicable to nonprofit institutions such as hospitals, schools and federal as well as nonfederal contractors.

The address of the cosignee who is to be notified of the shipment’s arrival.

The determination of the policy rate for the insured who falls below standards. A value of 100 is assigned to an insured who meets standards stated on the policy. Depending on impairments

A person who neither has ownership rights or active involvement in the firm’s affairs, but has a strong interest in the success of the partnership firm. Often a well known, well connected

A chart with more than three parallel lines that have a high degree of calibration and alignment, such that, a straightline placed on two known values on two different line will lead

An insurer lacking the proper license to set up or do business in a certain location or country.

Expenses such as amortization and depreciation that do not involve cash transactions, yet show up on an income statement.

A retirement plan in which the full premium cost is borne by the employer

A monetary obligation that is not disbursed immediately upon the sale of an individual’s assets or his declaration of bankruptcy. These include the incurred but unpaid taxes.

Assets such as the manufacturing facility that are listed on a company’s financial statement.

1. An graphical plot of an equation, whose points do fall on a straight line, but rather a curve. 2. a procedure that does not follow a predetermined sequence.

The sale of preferred stock by the company is considered a ‘nonparticipating’ investment. The stockholder is eligible for dividend payments and the cost to initiate the fund, in addition to receiving the

Sometimes referred to as a NonStatutory Stock Option, these easy to set up and administer plans offer employer sponsored stock options. However, they are inferior to the incentive stock option plan as

A bid that fails to satisfy the specifications of an invitation to propose, bid,etc.

A material that does not vaporize or sublimate when left in the open at room temperature and pressure.

An item that is mentioned in the contract only for reference purposes and as such has no bearing or relation to the contract.