A continuous flight journey between the point of embarkation and the point of disembarkation.
N | Page 35
N
NON-SUMMONS,WAGER OF LAW
OF. The mode in which a tenant or defendant in a real action pleaded, when the summons which followed the original was not served within the proper time. Non temere […]
NON-TAX LEASE
A sales contract that is conditional , wherein the transfer of an asset is considered to be a loan, with the owner acting as the lenderand the tenant acting as […]
NON-TENURE
A plea in a real action , by which the defendant asserts, either as to the whole or as to some part of the land mentioned in the plaintiff’s declaration […]
NON-TERM
The vacation between two terms of a court.
NON-TERMINUS
The vacation between term and term, formerly called the time or days of the king’s peace.
NON-TRACEABLE COMMON COST
Cost that cannot be assigned to any task or function due to the lack of sufficient data for its assignment. As such, it assigned on an arbitary basis.
NON-TRADE DEBT
Interest owed to an individual investor, that does not constitute a trade.
NON-TRADE RECEIVABLE
An investment that ought to be cashed in a year after the start of the investment.
NON-TRADITIONAL BALANCE SHEET
A balance sheet based on the concept that equal value should be placed on a firm’s intellectual and physical assets. As such, it assigns an arbitary value to intellectual assets, […]
NON-TRANSFERABLE TICKET
A ticket that prohibits the transfer of tickets between two passengers.
NON-USER
Neglect to use. Neglect to use a franchise; neglect to exercise an office. 2 Bl. Comm. 153. Neglect or omission to use an easement or other right. 3 Kent, Comm. […]
NON-VERBAL COMMUNICATION
1. Elements of speech such as pitch, tone, speed in addition to behaviours such as facial expressions and gestures that communicate meaning. 2. The delivery of meaning or messages through […]
NON-VERBAL CUE
Elements such as body language and tone that communicate perceptual information in a social exchange.
NON-VOLATILE
A material that does not vaporize or sublimate when left in the open at room temperature and pressure.
NON-VOLATILE MEMORY
Computer memory that is not dependent on power. This includes CD’s and DVD’s, tapes, etc. In contrast, volatile memory devices such as the silicon random access memory (RAM) lose memory […]
NON-VOTING STOCK
Stock that cannot be converted into voting stock .
NONACCEPTANCE
Rejection by a drawee due to a failure to honor the instrument of negotiation (a bill of exchange )
NONACCOUNTABLE PLAN
An understanding or arrangment between the employer and employee that accounts for the reimbursement of employee expenses unrelated to the business. It also refers to reimbursements that were not requested […]
NONADMITTED ASSETS
Disqualified assets such as furniture or fixtures, that cannot be listed on insurance statements due to a failure to meet state requirement
NONADMITTED INSURER
An insurer lacking the proper license to set up or do business in a certain location or country.
NONADMITTED REINSURANCE
The non credited reinsurance on the ceding company ‘s annual statemenet due to the reinsurer lacking the proper license to conduct business in a certain location.
NONAGIUM, or NONAGE
A ninlh part of movables which was paid to the clergy on the death of persons in their parish, and claimed on pretense of being dis tributed to pious uses. […]
NONAPPEARANCE
Absence when called upon by a court at the hearing
NONASSESSABLE CAPITAL STOCK
The satisfaction of debt obligations through additional investments is not permitted with this stock.