An instrument such as a document or a financial instrument that cannot be transferred between the holder and any other individual or institution .
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NON-OBJECTING BENEFICIAL OWNER (NOBO)
A stock owner who gives authority to the brokerage through which he holds the stock, to diclose his details to the underlying company. The company is thus able to contact […]
NON-OCCUPATIONAL POLICY
Injuries that are sustained at work are not insured under this policy due to their coverage under the workers compensation .
NON-OPERATING ASSET
An asset or investment such as interest income from a fixed deposit , that generates additional income for a business, but is not a part of the operation of the […]
NON-OPERATING EXPENSE
Activities such as the insurance and maintenance of assets that are not directly involved in the operation of the business, but result in an additional expense for the firm.
NON-OPERATING GAIN
The profit realized from activities such as the sale of an asset, which is not related directly to the firm’s primary business operations.
NON-OPERATING INCOME
Income that is not derived from the operations of the business, but still received. It is examined independently from operating income as it does occur frequently. A one time occurrence […]
NON-OPERATING LOSS
Activities such as strikes, result in the incurrence of a no- operating loss for the firm, although they are not related to the firm’s business operations.
NON-PARTICIPATING GUARANTEED INVESTMENT CONTRACT (GIC)
A guaranteed contract with fixed returns and time period . Any returns made after the time agreed to are not given to the investor.
NON-PARTISAN
Non affiliation or non specific ownership with respect to any cause, party or group.
NON-PERFORMANCE
Neglect, failure, or refusal to do or perform an act stipulated to be done. Failure to keep the terms of a contract or covenant, in respect to acts or doings […]
NON-PERFORMING ASSET
A loan or lease where (1) payment from the lessee is not received on time, (2) payments have stopped, (3) Maturity date has passed and the agreement is still unfulfilled. […]
NON-PERFORMING LOAN
A loan no longer receiving regular payments.
NON-PLEVIN
In old English law . Default in not replevying land in due time, when the same was taken by the king upon a default. The consequence thereof (loss of seisin) […]
NON-POINT SOURCE
A mobile source of pollution such as the exhaust from automobile and aircraft.
NON-PRICE COMPETITION
A market situation which exists due to the fear of a price war. As such, competitors do not reduce prices. They however, focus on building a distinctive image for their […]
NON-PROBABILITY SAMPLE
A variation of unit sampling wherein the probability of picking some of the samples is zero, and identity of those that will be picked for sampling is unknown.
NON-PRODUCT ADVANTAGE
Advantage gained by a product over its competition not by virtue of its attributes but by the creation of a distinct brand image through exclusive promotions, widespread distribution , superior […]
NON-PRODUCTION COSTS
Costs such as the administration costs that are a non-contributing factor to the manufacturing cost of a product.
NON-PRODUCTIVE TIME
Time that is not spent on the execution of a task or on manufacturing operations.
NON-PROFESSIONAL SUBSCRIBER
A person who engages in investment activities but is not involved or affiliated to the SEC or other agencies. Also, a person who is not an investment broker, but is […]
NON-PROFIT MARKETING
Slogans and other marketing tools used by nonprofit orgnizations to publicize a message and requesting volunteers to help out with the organization ‘s charity work. It appeals to the sentiment’s […]
NON-PROFIT SERVICES
Services aimed at the public that are carried out by nonprofit organizations.
NON-PURPOSE LOAN
A loan whose collateral is securites. The margin rule is not used to acquire more securities.
NON-QUALIFIED DEFERRED COMPENSATION (NQDC)
A retirement contribution that the employee has earned, but which is yet to be paid by the employer. It is not taxable as it has yet to be received. Employees […]