Next of Kin

Next of kin (NOK) is a non-technical, commonly used term for the closest living relative(s) of a person by blood, marriage, or adoption. When…

New Zealand dollar NZD

• The New Zealand dollar (NZD, symbol $ or NZ$) is New Zealand’s official currency and is subdivided into 100 cents. – Nicknamed the…

New York Stock Exchange (NYSE)

• The New York Stock Exchange (NYSE) is the world’s largest equities exchange by total market capitalization of listed companies (roughly $24.6 trillion as…

Neural Network

A neural network is a computer model composed of many simple processing units (“neurons”) connected in layers. It learns to map inputs to outputs…

Network Effect

The network effect is the phenomenon in which the value of a product or service increases as more people use it. When a product…

Net Worth

Introduction Net worth is the monetary value of everything you own (assets) minus everything you owe (liabilities). It provides a snapshot of financial health…

Net Unrealized Appreciation (NUA)

Summary – Net unrealized appreciation (NUA) is the difference between the cost basis of employer stock held inside a qualified retirement plan (for example,…

Net Sales

Key takeaways – Net sales = Gross sales − Sales returns − Sales allowances − Sales discounts. – Net sales represent the company’s adjusted…

Net Present Value (NPV)

Key takeaways – Net present value (NPV) = present value of expected cash inflows − present value of cash outflows. – NPV accounts for…

Net Operating Losses (NOLs)

Introduction Net operating losses (NOLs) allow businesses and noncorporate taxpayers to use a tax-year loss to reduce tax in other years. NOL rules have…