Non Objecting Beneficial Owner Nobo

Key takeaways – A NOBO is a beneficial owner who permits the broker or other financial intermediary holding their securities to release the owner’s…

Notice Of Assessment

A Notice of Assessment (NOA) is the annual statement the Canada Revenue Agency (CRA) issues after it processes your tax return. It confirms how…

No Shop Clause

A no‑shop clause (also called a no‑solicit or exclusivity clause) is a provision in a sale or acquisition agreement or letter of intent that…

No Load Fund

A no‑load mutual fund is a fund whose shares are sold without a sales charge (a “load”) or commission. When you buy shares of…

National Market System Nms

• The National Market System (NMS) is the U.S. framework that links exchanges, reporting systems, and market participants so equity prices and orders are…

Ninja Loan

• A NINJA loan is an informal name for a loan made without verifying a borrower’s income, employment, or assets — “no income, no…

Nikkei

Key takeaways – The “Nikkei” usually refers to the Nikkei 225 Stock Average, Japan’s best-known stock index and the country’s equivalent to the U.S.…

Night Depository

A night depository is a secure bank drop box—usually located on the exterior of a branch—where businesses (or authorized employees) can deposit cash, checks,…

Nigerian Letter Scam

Key takeaways – The “Nigerian letter” or “419” scam is a form of advance-fee fraud in which a sender promises a large payout in…

Nifty Fifty

A concise history, why it mattered, and what modern investors should learn from it Key takeaways – The Nifty Fifty was an informal group…