Business terms starting with N

125 terms

101. Nonliquid Asset An asset that cannot easily be converted into cash.
102. Nonperforming Asset An asset such as a mortgage that is not currently accruing interest or which interest is not being paid.
103. Nonproductive status Nonproductive status is a period when the H-1B worker is not performing work. If this is due to a decision by the employer, such as lack of work or…
104. Nonprofit Charitable, cultural, and educational organizations that exist for reasons other than providing a profit for its owners, directors, or members are…
105. Nonqualified annuity An annuity you buy on your own, rather than through a qualified employer sponsored retirement plan or individual retirement arrangement, is a nonqualified…
106. nonrefundable credit When the amount of a credit is greater than the tax owed, taxpayers can only reduce their tax to zero; they cannot receive a "refund" for any excess…
107. Nonresidential Property designed for use by retail, wholesale, office, hotel, service, or other commercial use.
108. Nonresidential fixed investment Consists of purchases of both nonresidential structures and equipment and software.
109. Nonresidential structures Investment in nonresidential structures consists of new construction (including own-account production), improvements to existing structures, expenditures…
110. Nonsystematic risk Nonsystematic risk results from unpredictable factors, such as poor management decisions, successful competitive products, or suddenly obsolete…
111. North American Industry Classification System See North American Industry Classification System (NAICS)
112. North American Industry Classification System (NAICS) A classification system developed jointly by the U.S., Canada, and Mexico to provide improved comparability in industrial statistics across North America.
113. North Dakota Insurance Guaranty Fund A fund that pays an insurer's claims when the company is insolvent. All North Dakota licensed automobile insurance companies belong to the North Dakota…
114. Not Automatically Protected There are several types of Federal benefits that are not automatically protected under 31CFR 212: Federal benefits received by check rather than direct…
115. Not-for-profit A not-for-profit organization pays taxes and may make a profit, but those profits are not distributed to its owners or members.
116. Notary Public A person who serves as a public official and certifies the authenticity of required signatures on a document by signing and stamping the document.
117. Note A note is a debt security that promises to pay interest during the term that the issuer has use of the money, and to repay the principal on or before the…
118. Note Rate The interest rate stated on a mortgage note, or other loan agreement.
119. Notice Notice refers to two requirements. A copy of the LCA Form ETA 9035 must be given to each H-1B worker.
120. Notice of Compliance A letter or notice from LPC that certifies that completed work complies with a permit
121. Notice of Default A formal written notice to a borrower that there is a default on a loan and that legal action is possible.
122. Notice of Violation A notice from the Landmarks Preservation Commission that work on a landmark site or within an historic district was performed without a permit or was not…
123. Notional Principal Amount The proposed amount which interest rate swap payments are based but generally not paid or received by either party.
124. nullification A state's refusal to recognize or obey a federal law.
125. NYSE Arca NYSE Arca, one of the two securities exchanges operated by the NYSE Group, Inc., is the first open, all-electronic stock exchange in the United States.