Category: N

A higher, appellate court orders a case’s re-trial due to (1) judicial misconduct or jury misdirection, (2) procedural defect, or (3) available fresh evidence.

Sold by newspaper advertisements with the aim of increasing circulation, this is a specific type of limited health insurance policy.

Following an audit, the recipient has 90 days to respond to a tax deficiency or other discrepancy as detailed in this type of notice sent from the IRS. Tax collection activities are

Without having to prove any other party was at fault in an accident, an aggrieved party is awarded compensation. Workmen’s compensation is no-fault compensation. It is a legal rule in some jurisdictions.

To complete this type of mortgage loan application, no supporting documentation is required. The interest rate common to such a loan is typically higher than full or reduced documentation loans. The borrower

When an asset can be bought or sold at a predetermined price and time in terms of cash.

A small competitive advantage one company may have over other competing firms operating in the same or similar industries. A narrow moat provides a very limited economic benefit lasting a short time,

This is a cost categorization focused on the identification and purpose for the item expensed.

Expected condition with an increasing principal amount increases following each monthly installment payment. Graduated payment mortgages (GPM) designed to match young executives or professionals with low starting income but high, rapid growth

A duty to not take one side if another can present equal stock sense.

A bill of exchange transfers to an entity that becomes the new holder from its current holder.

For semi-liquid assets as cash at their full value, this is an asset’s net worth less deductions .

In an accounting period the total revenue minus all periodic expenses. When income taxes and interest are not deducted, it is known as operating profit or loss, if negative. Also known as

In a reinsurance surplus treaty on a particular risk, the original insurer’s retained insurance amount. Also refers to the an insurer’s maximum loss amount exposure unless reinsured.

After deducting all discounts and rebates, one has a final price.

Investment’s net income calculated as: Investment’s gross income minus expenses. Analysis type executed defines including or excluding income tax and/or capital gains tax.

A dedicated internet user as a cyberspace citizen.

Money coming in equals money going out. Any entity has a neutral cash flow if the periodic expenses equals the periodic income to the penny.

For the precious metals and energy markets, one of the most active options exchanges is this specific commodities futures’ exchange, the world’s largest. NYMEX has two divisions: NYMEX, for trading energy, platinum,

because of its short life span, wood pulp paper is used for newspapers but not for books or records. Pulp is absorbent, coarse, off-white or light brown, and soft.