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Nasdaq Global Select Market Composite

Key takeaways – The NASDAQ Global Select Market Composite (ticker: NQGS) is a market-capitalization‑weighted index that tracks U.S. and international stocks listed on the…

409a Plans

Key takeaways – A “409A plan” refers to a non‑qualified deferred compensation (NQDC) arrangement subject to Internal Revenue Code (IRC) Section 409A. – Under…

Net Present Value Rule

What is the Net Present Value Rule? – The Net Present Value (NPV) rule states that a manager or investor should accept any project…

Nepalese Rupee Npr

The Nepalese rupee (NPR) is the official currency of Nepal, issued and regulated by the Nepal Rastra Bank (the country’s central bank). Its common…

Negotiable Order Of Withdrawal Now Account

• A NOW account (Negotiable Order of Withdrawal account) was an interest‑earning demand deposit (checking) account that allowed customers to write checks while earning…

Novation

Novation is the legal process that substitutes a new party or a new obligation for an existing one in a contract, with the agreement…

Notional Principal Amount

A notional principal amount (or simply “notional”) is the reference or “face” dollar amount used to calculate payments in many over‑the‑counter (OTC) derivative contracts—most…

Notice To Creditors

A notice to creditors is a formal announcement that a person’s estate is in probate or that a bankruptcy case has been filed. Its…

Notice Of Deficiency

A notice of deficiency (commonly mailed as IRS CP3219A) is the IRS’s formal, written determination that a taxpayer owes additional tax for a particular…