Spending such as the repayment of a loan’s prinipal amount or the payment of a refund that is not charged as a usual expense.
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NON-EXPENSE CASH DISBURSEMENT
A legal accounting practice that does not show an expense of cash on the income statement. For example, due to the depreciation costs involved with machinery, the prinicipal cost on […]
NON-FINANCIAL ASSETS
Assets such as the manufacturing facility that are listed on a company’s financial statement .
NON-FINANCIAL INDUSTRY
An industry whose services have no correlation to financial goods or services and investments.
NON-FIXED ASSETS
Assets that have no physical attachment to a building. For example, a non attached garage or shed on a property.
NON-FIXED INCOME
Income that depends on various factors such as vacation or health care expenses and such differ in value throughout a fiscal period.
NON-GAAP
Methods that do not encompass the “generally accepted accounting policies “, to calculate the financial information about companies. The real value of the company is difficult to analyze due to […]
NON-GOVERNMENTAL ORGANIZATION (NGO)
A organization that has no affiliation to the government and performs voluntary operations in the field of education, wildlife,etc. They are usually funded by the UN or by benefactors. The […]
NON-INSURANCE TRANSFER
When risk is covered by contracts rather than insurance.
NON-INTEREST EXPENSE
Obligations such as wages that have to be fulfilled, without worrying about interest accrual.
NON-INTEREST INCOME
Monetary gain for financial institutions through charges on investment transactions.
NON-INTERVENTION WILL
A term sometimes applied to a will which authorizes the executor to settle and distribute the estate without the intervention of the court and without giving bond. In re Macdonald’s […]
NON-ISSUABLE PLEAS
Those upon which a decision would not determine the action upon the merits, as a plea in abatement . 1 Chit. Archb. Pr. (12th Ed.) 249.
NON-JOINDER
See JOINDER.
NON-JUDICIAL DAY
One on which process cannot ordinarily issue or be served or returned and on which the courts do not ordinarily sit. Whitney v. Blackburn, 17 Or. 564. 21 Pac. 874, […]
NON-JURORS
In English law . Persons who refuse to take the oaths, required by law, to support the government. Non jus ex regula, sed regula ex jure. The law does not […]
NON-LEDGER ASSET
Instruments such as the receipt of higher interest with a dividend payment, that is not recorded in a ledger account .
NON-LEVIABLE
Not subject to be levied upon. Non-leviable assets are assets upon which an execution cannot be levied. Farmers’ F. Ins. Co. v. Conrad, 102 Wis. 387, 78 N. W. 582. […]
NON-LIABILITY
A non-liability becomes a liability only when it becomes payable. For example, the contraction of a previously non-liable loan principle makes it a liability, but the loan interest is granted […]
NON-LINEAR INSTRUMENT
A contractual payment that relies on the market.
NON-MAIL ABLE
A term applied to all letters and parcels which are by law exclud ed from transportation in the United States mails, whether on account of the size of the package, […]
NON-MONETARY ASSET
An asset whose monetary value is variable and depends on economic conditions.
NON-MONETARY PRICE
The price, that is non-inclusive of the monetary, which is incurred by the customer when he/she buys the product. This includes the time spent shopping and the value assigned to […]
NON-NEGOTIABLE
Not negotiable ; not capable of passing title or property by indorsement and delivery. Non obligat lex nisi promulgata. A law is not obligatory unless it be promulgated. Non observata […]
NON-NEGOTIABLE BILL OF LADING (B/L)
Bill of Lading that prohibits use of endorsement to transfer.