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Business Term Glossary
source by: powerhomebiz.com
N NASDAQ: National Association of Security Dealers Automated Quotation
system, a screen-based quotation system supporting market making in registered
equities.
negotiation: a discussion with the aim of resolving a difference of opinion, or dispute, or to settle the terms of an agreement or transaction.
net assets: the amount by which the value of a company's assets exceeds its liabilities.
net capital: the amount by which assets exceed the value of assets not easily converted to cash.
net cash balance: the amount of cash that is on hand.
net errors and omissions: the net amount of the discrepancies that arise in calculations of balances of payments.
net fixed assets: the value of fixed assets after depreciation.
net margin: the percentage of revenues that is profit.
net operating income: the amount by which income exceeds expenses, before considering taxes and interest
net proceeds: the amount realized from a transaction minus the cost of making it.
net profit: gross profit minus costs.
net worth: The total value of a business in financial terms. Net worth is calculated by subtracting total liabilities from total assets.
niche: A well-defined group of customers for which what you have to offer is particularly suitable. no-load fund: a mutual fund that does not charge a fee for purchase or sale of shares.
nondisclosure agreement: a legally enforceable agreement preventing present or past employees from disclosing commercially sensitive information belonging to the employer to any other party.
nonrecurring: One time, not repeating. "Nonrecurring" expenses are those involved in starting a business, and which only have to be paid once and will not occur again.
note: A document that is recognized as legal evidence of a debt.
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