Dr. Harvey's Financial Glossary

Saturday, May 19, 2012

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Nouveau Marche: An equity market unit of the Paris Bourse that deals solely in innovative, high-growth companies.
Novation: Defeasance whereby the firm's debt is cancelled.
NOW: See: Negotiable Order of Withdrawal
NP: The ISO 3166 country code for NEPAL.
NPR: The ISO 4217 currency code for the Nepalese Rupee.
NPV: See: Net present value
NPV profile: A graph of NPV as a function of the discount rate.
NR: The ISO 3166 country code for NAURU.
NRA (Non-Resident Alien) Tax: The tax which must be withheld by the corporation or its disbursing agent (usually 15% or 30%, depending on the hold's citizenship).
NTE: Short for Not To Exceed.
NU: The ISO 3166 country code for NIUE0.
Nugget: A 15 year Gold FHLMC (Freddie Mac) bond; similar to a Dwarf.
Numismatist: Collector of historical coins and currencies.
NYSE: See: New York Stock Exchange
NYSE composite index: Composite index covering price movements of all new world common_stock listed on the New York Stock Exchange. It is based on the close of the market on December 31, 1965, at a level of 50.00, and is weighted according to the number of shares listed_stocks for each issue. Print changes in the index are converted to dollars and cents so as to provide a meaningful measure of changes in the average price of listed stocks. The composite index is supplemented by separate indexes for four industry groups: industrial, transportation, utility, and finance.
NZ: The ISO 3166 country code for NEW ZEALAND.
NZD: The ISO 4217 currency code for the New Zealand Dollar.

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