The online dictionary of financial terms
Terms beginning with N
- Naked
An uncovered position such as the position of a writer of an option which is not covered by an opposite position in the underlying instrumen...(Read more) - NAPM
National Association of Purchasing Management, now known as the Institute of Supply Management, that produces the purchasing managers index,...(Read more) - Narrow Market
A market in which the trading of shares is only light, characterised by low liquidity and wide spreads. Modest activity can result in exagge...(Read more) - Narrow Money
Another name for M1 in the USA and M0 in the UK (see 'money supply')....(Read more) - NASD
See National Association of Securities Dealers....(Read more) - NASDAQ
The first electronic stock market, which uses computers and telecommunications to trade shares rather than a traditional trading floor. NASD...(Read more) - National Accounts
The official income and cash flow accounts and balance sheet for an economy, giving a breakdown of GDP and the financial accounts for the ma...(Read more) - National Association Of Investors Corporation
A non-profit, tax exempt organisation located in Michigan, US, also known as BetterInvesting, whose membership consists of investment clubs ...(Read more) - National Association Of Securities Dealers
A leading private sector regulator of the US securities industry, overseeing the activities of more than 5,000 brokerage firms with more tha...(Read more) - National Credit Union Administration
In the US, the National Credit Union Administration is a federal agency that supervises federal credit unions and insures members deposits....(Read more) - National Debt
The sum indebtedness of a countrys public sector (i.e. its government) following cumulative annual budget deficits and surpluses. The debt i...(Read more) - National Futures Association
A US self-regulatory group for the futures industry, established in the early 1980s, similar to the National Association of Securities Deale...(Read more) - National Girobank
See Girobank plc....(Read more) - National Insurance
National insurance is a UK scheme where people in work make payments towards benefits, such as those for pensions, sickness, unemployment an...(Read more) - National Insurance (NI) Basic Pension
The basic state pension funded by a person's National Insurance Contributions over his working life and part of the National Insurance Pensi...(Read more)