Not admitting of bail; not requiring bail.
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NON-BASE BUDGET
Often a budget for a onetime project, such as the recruitment of staff on a temporary basis, or a special project, that is assigned to a department in a company […]
NON-BUSINESS DAY
Days such as public holidays or the weekend when business transactions do not take place. If a contract is due on a non-business day , it is usually processed on […]
NON-CALLABLE
A type of financial equity that requires the payment of a penalty if it is redeemed before the maturity date . This protects the holder from the income loss that […]
NON-CALLABLE BOND
A bond that cannot be cashed in early. It can only be called upon maturation date.
NON-CAPITAL LOSS
Occurs when the expenses of a business are greater than the income for a financial period.
NON-CASH EXPENSE
Expenses such as amortization and depreciation that do not involve cash transactions, yet show up on an income statement.
NON-CASH FINANCING AND INVESTING
Investments and Finance that are carried out without the traditional inflow and outflow of cash.
NON-CIRCUMVENTION, NON-DISCLOSURE (NCND) AGREEMENT
The instrument usedby brokers at the start of a business transaction to ensure (1) that they are not bypassed and (2) the non disclosure of the negotiation information to third […]
NON-CLAIM
The omission or neglect of him who ought to claim his right within the time limited by law; as within a year and a day where a continual claim was […]
NON-CLEARING MEMBER
A member of a clearinghouse that is must first put their trades through a trading member.
NON-COMBATANT
A person connected with an army or navy, but for purposes other than fighting; such as the surgeons and chaplains. Also a neutral.
NON-COMMERCIAL ADVERTISING
Advertisements such as public service announcements that are aimed at educating the consumers or instilling an idea in them. They are often used in the electoral process to gain votes.
NON-COMMISSIONED
A non-commissioned officer of the army or militia is a subordinate officer who holds his rank, not by commission from the executive authority of the state or nation, but by […]
NON-COMPETE CLAUSE
A clause in a business sale transaction that denies access to the seller from conducting a similar business in the specified area for a certain period of time, usually three […]
NON-COMPETITIVE TRADING
A dealer who does not expose his trading to the market and just gives it to his clients. This is illegal.
NON-CONCURRENCY
When insurance policies are not properly arranged and do not give enough protection.
NON-CONFORMING LOAN
A mortgage that includes non residential items such as pools.
NON-CONFORMIST
In English law . One who refuses to comply with others; one who refuses to join in the established forms of worship. Non-conformists are of two sorts: (1) Such as […]
NON-CONTINUOUS EASEMENT
A uou-apparent or discontinuous easement. Fetters v. Humphreys, 18 N. J. Eq. 202. See EASEMENT.
NON-CONTRIBUTORY PENSION PLAN
Fringe benefits to the employee wherein he is not required to contribute and all related retirement plan costs are borne by the government and/or employer.
NON-CONVENTIONAL FINANCE
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 […]
NON-CORE ACTIVITIES
Services that are outsourced to third parties due to their non-involvement in the value proposition of the firm to their customers. This includes services such as installation and maintenance.
NON-CRITICAL FAILURE
The cause of the degradation with respect to the quality of performance and operational capacity, the impact of which is tolerable for a small period of time without major losses.
NON-CUMULATIVE PREFERRED STOCK
A stock that pays investors but denies them claim to suspened stock.