Category: N

The modification of loan terms that grants eligibility to borrowers with very limited financial strength. The term ‘non-conventional’ is used an indication of the tools employed to modify the loan terms and

Noncompliance with the requirements to reveal information.

An industry whose services have no correlation to financial goods or services and investments.

The opposite of linear systems, it refers to the system whose external factors may be disruptive and non-additive. Non linear systems cannot be broken down into smaller parts and then put back

A provider who is not contracted with a health plan, or one who is prohibited from participating in Medicare.

An abnormal variation that is caused by a few factors, but causes a noticeable defects that are easily detectable. In quality control, these an be identified and eliminated to ensure a high

Errors which are caused by a lack in the clarity of data, inaccurate sampling methods, or failure to meet specifications. Poorly designed surveys, unprofessional selection of procedures and improper allocation of samples

Computer memory that is not dependent on power. This includes CD’s and DVD’s, tapes, etc. In contrast, volatile memory devices such as the silicon random access memory (RAM) lose memory upon a

When members of a community unite together to oppose the establishment that is not desired due to the hazardous nature of their activities, and sometimes against the establishment of institutions such as

A notice assigned to instruments such as a check that has been dishonored. It indicates the nonacceptance of the dishonored instrument as a form of payment.

The principal amount of the underlying debt that is referred to in interest rate swap deals. When the obligation to pay interest is discounted, the principal amount gains a fictitious attribute that

Inviduals who suffer from chronic illnesses or are unable to provide for themselves are provided care through nursing homes. Due to the longterm nature of the service provided, they are also referred

The price of an item which is estimated, and has no correlation to the market price. The sole purpose of the nominal price is to initiate a trade. It is used when

Data that contains significant information regarding the items being costed but does not include any information related to cost. Some examples include technical descriptions, schedules, etc

Absence when called upon by a court at the hearing

1. Accounting: A Financial items that does not affect the firm’s cash inflows and outflows while being included in the computation of its income on the basis of accruement 2. Banking: Checks

Several companies within the same field or industry who are independent but lack cooperation between each other.

An entity that is not affected by the influence of another individual’s discretion or preferences. For example, a budget or a contract states the non discretionary spending that ought to occur. Also,

Assets that have no physical attachment to a building. For example, a non attached garage or shed on a property.

1. A feature of economic and social systems that cannot be broken down into smaller parts and reassembled to obtain the initial system. It is characterized by unpredictability, random behaviour and approximation.