Archives for 2010

Noise Trader

Noise Trader Investor who bases investment decisions on trends prevailing in the market rather than fundamental factors and information. … [Read more...]

No-Load Fund

No-Load Fund A zero sales commission mutual fund. May charge other fees like purchase fee, redemption fees etc. … [Read more...]

Nominal

Nominal A variable that is not adjusted for inflation or other influencing factors. May differ significantly from the real or actual value. For example, nominal interest rate will be different from effective interest rate because of differences in compounding. … [Read more...]

Nominal Annual Rate

Nominal Annual Rate Rate that actually comes into effect in a period, multiplied by the total number of such periods annually. … [Read more...]

Nominal Cash Flow

Nominal Cash Flow Cash flow in absolute terms if the actual value is to be given or taken in dollars without inflation being taken into account. … [Read more...]

Nominal Exchange Rate

Nominal Exchange Rate Quotes at any given time for foreign exchange transactions. Different from the real rate of exchange that gives the rate after purchasing power differences are adjusted for. … [Read more...]

Nominal GDP

Nominal GDP GDP not adjusted for inflation. Also called current dollar GDP. … [Read more...]

Nominal Interest Rate

Nominal Interest Rate Rate of interest before inflation is adjusted for. … [Read more...]

Nominal Price

Nominal Price Quoted price on futures during the period when no trading occurred with the futures contract. … [Read more...]

Non-Cumulative Preferred Stock

Non-Cumulative Preferred Stock Opposite of cumulative preferred stock. Preferred stock category where dividends will not be disbursed to holders when the company fails to make such payments. … [Read more...]

Non-Financial Services

Non-Financial Services Services not linked to investment. For example, insurance, travel, freight and passenger services. … [Read more...]

Non-Financial Asset

Non-Financial Asset Physical asset like property, machinery, painting with some specific value. … [Read more...]

Non-Insured Plans

Non-Insured Plans Opposite of insured plans. Non guaranteed pension plans that are not linked to life insurance offerings. Come with defined benefits. … [Read more...]

Non-Parallel Shift in the Yield Curve

Non-Parallel Shift in the Yield Curve Opposite of parallel shift in yield curve. A change seen in a yield curve where different maturities of the same security show different yield changes as measured in basis points. … [Read more...]

Non-Reproducible Assets

Non-Reproducible Assets A physical or tangible asset that has certain special physical characteristics. For example, property, paintings etc. … [Read more...]

Non-Tradables

Non-Tradables Services or goods manufactured in a country and used for domestic consumption that are not comparable to imported or exported services and goods. … [Read more...]

Noncapped Fund

Noncapped Fund Mutual fund that has no limit on the yearly operating expenses charged to unit holders or shareholders. The entire cost of business is covered fully in such a fund. … [Read more...]

Noncash Charge

Noncash Charge Zero cash outflow charge or a charge shown in the books that does not encompass an actual expenditure in cash. For example, depletion, depreciation, amortization. … [Read more...]

Noncompetitive Bid

Noncompetitive Bid Related to Treasury auctions. Bid placed for a given number of securities at a price that equals the average price of the bids accepted finally. … [Read more...]

Nondiversifiability of Human Capital

Nondiversifiability of Human Capital The problems that arise in diversification when applied to human capital owing to the special skills of different individuals. … [Read more...]