Category: N

When insurance policies are not properly arranged and do not give enough protection.

A term meaning our account. It is used by foreign banks to handle its local currency.

Narcotic substance inhalation or ingestion produces this specific type of stupor, arrested activity, even unconsciousness.

A US organization responsible for creating investment rules.

A salesperson’s sales technique using probing questions and careful listening to identify a prospect’s stated, expressed needs and unstated, tacit expectations. Those product aspects that satisfy the prospect’s needs become the salesperson’s

Interest-incurring liabilities exceed interest generating assets in interest rate sensitivity analysis. A negative gap in a declining interest rate environment improves net interest income because falling interest rates reprice more liabilities than

An order signed by an endorser to pay the holder without conditions.

At the financial market’s close the mutual fund’s share or unit’s daily computed value. Also known as bid price, NAV per share, or NAV per unit. Calculated as: (each security’s market value

For a point in time on a balance sheet, this is the fixed assets’ value. Calculate as: (all fixed assets’ purchase price plus leasehold improvements) minus (Accumulated depreciation plus Total liabilities).

Lease arrangement by a tenant, the lessee, to pay rent plus associated general expenses. A capital lease is a net lease but an operating lease is not. The lessee may pay for

In general, any premium with a commission, or expenses, or dividends, or loss coverage subtracted. It is a general term that can have many different meanings. In particular, it is the premium

On-hand stock subtracted from gross requirements.

Total revenue from all products made from crude oil minus total cost bringing crude oil to market. Only applies to oil suppliers.

The current liquid asset in a corporation minus liabilities.

Development process for a new product or service. This development type is set as the preliminary step in product or service development. It involves steps in a protocol that must be completed

Online discussion group for interaction via an electronic bulletin board system and chat sessions. Every conceivable subject is covered by thousands of internet based newsgroups. (refer to Usenet) (refer to internal relay

Founded in 1949, 225 largest Japanese corporations listed on Tokyo stock exchange as a price weighted index. It holds the ‘First section’ firms’ shares, the Japanese equivalent to NYSE Blue Chips. Movement

Legal rule: a defendant who owes the plaintiff no duty is not liable for any plaintiff injury or damage.

Inert or near-inert metal showing little or no chemical activity with atmosphere and mild acids. Gold, silver, and platinum are such metals. They do not rust or corrode, displaying an indefinite life

A mortgage that includes non residential items such as pools.