Unemployment level with a stable inflation rate in an economy. if unemployment decreases due to an expanding economy, the inflation rate begins to increase. Also known as non accelerating inflation […]
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NATURAL RESOURCE
Asset or material contributing to the nation’s natural capital . To extract, process, or refine natural resources requires capital and human resources, as mental and physical labor. By these means, […]
NATURAL RESOURCES
a term that describes thing of value originating from nature.
NATURAL SCALE
The natural course of occurrences and outcomes when doing business, whose order, bylaws, and burdens are associated with this specific normal scale.
NATURAL SCIENCES
No universally accepted meaning exists for this specific classification scheme for academic subjects. Excludes language studies, psychology, sociology, and other such ‘soft’ disciplines. Includes physics, chemistry, mathematics, and all engineering […]
NATURAL SON
the name that is given to male child to natural and not adoptive parents.
NATURAL WORK TEAM
Performing related or similar work while working in the same workspace with this specific type of employee’s group. Also refer to self-directed natural work team .
NATURAL YEAR
365 days or 12 months period ending after any date.
NATURAL-BORN
the term applying to the person who is born in the country where they are a citizen.
NATURAL-RATE HYPOTHESIS
Labor market and its structure theorized. The theory states that free labor always includes some unemployment in the market. Hypothesis originator, Milton Friedman, describes the unemployment baseline rate as unavoidable. […]
NATURALEZA
In Spanish law. The state of a natural-born subject. White, New Ifecop. b. 1, tit. 5, c. 2.
NATURALIZATION
The act of adopting an alien into a nation, and clothing him with all the rights possessed by a natural- born citizen. Boyd v. Nebraska, 143 U. S. 135, 12 […]
NATURALIZE
To confer citizenship upon an alien ; to make a foreigner the same, in respect to rights and privileges, as if he were a native citizen or subject.
NATURALIZED CITIZEN
One who, being an alien by birth, has received citizenship under the laws of the state or nation.
NATURALLY
amages which “naturally” arise from a breach of contract are such as arise in the usual course of things, from the breach itself, or such as may reasonably be supposed […]
NATUS
Lat. Born, as distinguished from nasciturus , about to be born. Ante natus, one born before a particular person or event, c. ti.. before the death of his father, before […]
NAUCLERUS
Lat. In the civil law . The master or owner of a merchant vessel. Calvin.
NAUFRAGE
In French maritime law . Shipwreck. “The violent agitation of the waves, the impetuous force of tbe winds, storm, or lightning, may swallow up the ves sel, or shatter It, […]
NAUFRAGIUM
Lat. Shipwreck.
NAUGHT
In old practice. Bad; defective. “The bar is naught.” 1 Leon. 77. “The avowry is naught” 5 Mod. 73. “The plea is undoubtedly naught.” 10 Mod. 329. See 11 Mod. […]
NAULAGE
The freight of passengers in a ship. Johnson; Webster.
NAULUM
In the civil law . The freight or fare paid for the transportation of cargo or passengers over the sea in a vessel. This is a Latinized form of a […]
NAUTA
Lat In the civil and maritime law . A sailor; one who works a ship. Calvin. Any one who Is on board a ship for the purpose of navigating her. […]
NAUTICAL
ertaining to ships or to the art of navigation or the business of carriage by sea.
NAUTICAL MILE
Distance measuring exactly 1852 meters or 6076.11 feet. One nautical mile equals 1.15 miles or 1.85 kilometers. By a 1920 international agreement, it replaced the British Nautical mile (6080 feet) […]