Narrow Money
• Narrow money (the most liquid money) consists of physical currency plus immediately accessible deposits—typically captured by M0 and M1 measures. (Board of Governors…
Nanny Tax
The phrase “nanny tax” refers to the payroll taxes that household employers must pay when they hire a household employee (for example, a nanny,…
Named Perils Insurance Policy
A named perils insurance policy (also called “specified perils” or “listed perils”) covers loss or damage to property only from the specific hazards explicitly…
Named Beneficiary
A named beneficiary is the person, group, trust, estate, or organization you identify on a legal or financial document to receive assets when you…
Naked Put
A naked put (also called an uncovered put or short put) is an options strategy in which you sell a put option without owning…
Naked Option
A naked (or uncovered) option is an option sold by a trader who does not own the underlying security (or does not hold sufficient…
National Association Of Insurance Commissioners Naic
Overview – The National Association of Insurance Commissioners (NAIC) is a nonprofit, nonpartisan U.S. association of state, district and territorial insurance regulators. Its members…
National Association Of Insurance And Financial Advisors Naifa
Key takeaways – NAIFA is a long-established U.S. trade association for insurance and financial advisors focused on advocacy, education, ethics, and professional development. –…
North American Industry Classification System
The North American Industry Classification System (NAICS) is the standard system used by the United States, Canada and Mexico to classify business establishments by…
National Association Of Investors Corp
Overview – The National Association of Investors Corp. (NAIC) is a U.S. nonprofit investor-education organization founded in 1951. It operates under the public brand…