The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

Category: N

NET QUICK ASSETS

After operating expenses are deducted, conversion to cash easily occurs with these valued instruments.

NET TANGIBLE ASSETS

Calculated as: all intangible assets’ fair market value totaled minus (Goodwill plus Total liabilities).

NETWORK ANALYSIS

Decomposing a complex project’s data into detailed components and showing their interdependencies and interrelationships by plotting. These components are activities, events, durations, and the like.

NEW DEAL

Economic policies that President Franklin D. Roosevelt introduced as a series of programs after the Great Depression left the U.S. economy utterly wasted. His programs provided help to millions of Americans stuck

NEXT OF KIN

A wife, by affinity, or by blood, like a parent, sibling, or offspring is a deceased’s nearest relative.

NITRITE (NO2-)

Nitrous acid ester or salt containing the nitrite (NO2) ion. Certain bacteria in the soil convert nitrites into nitrates as plant nutrients. They are used mainly as meat coloring agents and food

NO LOAD FUND

Mutual fund or unit trust with no fees or charges or sales commission, known as the load. When an investor buys shares as units, or the fund sells, it is directly to

NOISY CHAOS

A disruptive element altering linear equation series’ results, known as a dynamical system. Also refer to system noise or observational noise.

NOTE ISSUANCE FACILITY (NIF)

When a borrower in a euronote program issues unsecured notes through a panel. Underwriting banks purchase them as midterm loans.

NAKED PUT

When the seller does not have the cash to buy the asset.

NARROWBAND

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.

NATIONAL MEDIATION BOARD

An independently-run governmental organization for resolving issues in the country’s railroad and airline industries. A three-person team chosen by the President runs a panel to hear disputes to avoid railroad and airline

NEAR MISS

Possibly resulting from an event-sequence that did occur, but, due to prevailing conditions, a specific type of potentially significant event that almost occurred, yet did not.

NEGATIVE CASH FLOW

During a specific time period, more cash is going out as expenditure than is coming in as income. Does not necessarily indicate loss, just an timely imbalance. Temporary imbalance is often covered

NEGATIVE REINFORCEMENT

Increasing or maintaining an improper response or behavior’s likely reoccurrence based on removing a challenge, penalty, stimulus, or reward.

Topic Archives:

Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.