Category: N

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.

Inorganic or organic ester or nitric acid salt containing the (NO3) ion. Nitrates play a major part in nitrogen cycle and nitrate pollution. They are the most water soluble of all salts.

Whether or not one is at fault in an accident, the insured is covered for the stated risk by this type of auto insurance policy.

Restricting or discouraging a community’s commercial development as a practice.

Common risks to all companies that are avoidable by diversifying.

This is a bandwidth less than 1.544 megabits per second (Mbps). Very general term for a transmission rate less than a T1 circuit. Also refer to broadband.

Natural hazards causing this type of disaster.

Specific loan types have this provision. The negative amortization amount is limited. The loan’s principal balance will not increase as the borrower pays less than the owed interest charge. Typically determined as

Unsecured loan agreement’ provision requiring the borrower to get the current lender’s consent before obtaining any secured loan. An example is a bond indenture clause prohibiting the bond issuer from pledging these

Legal principle that damage or injury to closely associated or nearby people or property may reasonably be foreseen by a person and avoided as acts of commission or omission.

Money total in a financial account. Calculate as: all deposits to the initial deposit tallied minus all disbursements and payments made. If money is available, net cash balance is positive. If the

Company’s post-tax and post-dividend reporting revenue amount as total income earned minus both.

The most an insurer will write for a line of insurance.

Sale of goods, property, or securities whose transaction cost have been deducted, has an actual amount received.