All Terms Starting with N in Glossary

Nanotechnology

Nanotechnology refers to the development of products and production processes at the molecular level, which is a scale smaller than 100 nanometers (a nanometer is one-billionth of a meter).

Manufacturing Term Letter: N

National Association of Insurance Commissioners NAIC

An organization of the insurance commissioners or directors of all 50 states, the District of Columbia and the five U.S. territories organized to promote consistency of regulatory practice and statutory accounting standards throughout the United States.

Insurance Term Letter: N

National income NI

The sum of all incomes, net of consumption of fixed capital (CFC), earned in production. Includes both factor incomes and nonfactor charges. It formerly excluded nonfactor charges.

Economy Term Letter: N

Natural Gas Equivalents

Oil and NGL volumes are converted to natural gas equivalents using the ratio of one barrel of crude oil, condensate or NGL to 6,000 cubic feet of natural gas.

Energy Term Letter: N

Natural Gas Liquids

Natural gas liquids, often referred to as NGLs, are both feedstocks used in the manufacture of refined fuels and are products of the refining process. Common NGLs used include propane, isobutane, normal butane and natural gasoline.

Energy Term Letter: N

Natural Gas Liquids NGL

Liquid hydrocarbons that are extracted and separated from the natural gas stream. NGL products include ethane, propane, butane, natural gasoline and heavier hydrocarbons.

Energy Term Letter: N

NDA or New Drug Application

When the sponsor of a new drug believes that enough evidence on the drugs safety and effectiveness has been obtained to meet FDAs requirements for marketing approval, the sponsor submits to FDA a new drug application (NDA). The application must contain data from specific technical viewpoints for review, including chemistry, pharmacology, medical, biopharmaceutics, and statistics. If the NDA is app

Health Care Term Letter: N

Net Asset Value NAV

The value of one share of a mutual fund. NAV is calculated by taking the funds total assets, subtracting liabilities, and dividing by the number of shares outstanding.

Financial Term Letter: N

Net Card Fees

Represents the charge card membership fees earned during the period. These fees are recognized as revenue over the covered card membership period (typically one year), net of provision for projected refunds for cancellation of card membership.

Financial Term Letter: N

Net domestic product NDP

The market value of the goods and services produced by labor and property in the United States less the value of the fixed capital used up in production; equal to gross domestic product (GDP) less consumption of fixed capital (CFC). NDP may be viewed as an estimate of sustainable product, which is a rough measure of the level of consumption that can be maintained while leaving capital assets intac

Economy Term Letter: N

Net exports of goods and services

Exports of goods and services minus imports of goods and services.

Economy Term Letter: N

Net government saving

The difference between government current receipts and government current expenditures, national income and product accounts.

Economy Term Letter: N

Net income -loss of other equity

For those investments which are 50% or less owned by the company, an income or loss entry is recorded in the Statements of Income representing the companys ownership share of the operating results of the investee company.

Financial Term Letter: N

Net Income Attributable to Minority Interest

The portion of equity and net earnings in consolidated subsidiaries that is owned by others.

Financial Term Letter: N

Net Income Attributable to Noncontrolling Interest

The portion of equity and net earnings in consolidated subsidiaries that is owned by others.

Financial Term Letter: N

Net Income Growth Rates

The percentage of Net Income change within a specific period (Y/Y year on year; Seq sequential, from proceeding period; TTM trailing twelve months).

Fundamental Analysis Letter: N

Net Interest Margin

the difference between the yield a Bank earns on its assets and the interest rate it pays for deposits and other sources of funding - which could in turn affect its net interest income and earnings. Operating Statistics

Financial Term Letter: N

Net Interest Yield On Cardmember Loans

Represents the net spread earned on cardmember loans. Net interest yield on cardmember loans (both on an owned and managed basis) is computed by dividing adjusted net interest income by adjusted average loans, computed on an annualized basis. The calculation of net interest yield on cardmember loans (both on an owned and managed basis) includes interest that is deemed uncollectible. For the owned

Financial Term Letter: N

Net Loss Ratio Credit Card

Represents the ratio of charge card write-offs consisting of principal (resulting from authorized and unauthorized transactions) and fee components, less recoveries, on cardmember receivables expressed as a percentage of gross amounts billed to cardmembers.

Financial Term Letter: N

Net Margin

The measurement of profitability, Net profit margin represents proportion of net income (total sales less total costs) to total sales. Net Margin Formula = (Net Income / Revenues) * 100

Fundamental Analysis Letter: N

Net national product NNP

The market value of goods and services produced by labor and property supplied by U.S. residents, less the value of the fixed capital used up in production; equal to gross national product (GNP) less consumption of fixed capital (CFC).

Economy Term Letter: N

Net Profit Margin

The measurement of profitability, Net profit margin represents proportion of net income (total sales less total costs) to total sales. Net Margin = (Net Income / Revenues) * 100

Fundamental Analysis Letter: N

Net Write-Off Rate Credit Card

Represents the amount of cardmember loans or USCS cardmember receivables written off consisting of principal (resulting from authorized transactions), less recoveries, as a percentage of the average loan balance or USCS average receivables during the period.

Financial Term Letter: N

Net Written Premiums

Direct written premiums plus assumed reinsurance premiums less premiums ceded to reinsurers.

Insurance Term Letter: N

Net yield on interest-earning assets

The average rate for interest-earning assets less the average rate paid for all sources of funds.

Financial Term Letter: N

Neuroscience

is the scientific study of the central nervous system (brain, spinal cord, and retina.)

Health Care Term Letter: N

Neurotransmitter

A substance that transmits nerve impulses across the synapse.

Health Care Term Letter: N

Neutropenia

An abnormally low count of neutrophils, white blood cells that protect your body from bacteria and fungi. Neutrophils usually constitute about 45 to 75% of all white blood cells in the bloodstream.

Health Care Term Letter: N

Nickel

A silvery-white metal that is very resistant and stable at ambient temperatures. Nickel is a transition element that exhibits a mixture of ferrous and nonferrous metal properties. It is both siderophile (i.e., associates with iron) and chalcophile (i.e., associates with sulfur). Nickel is primarily sold for first use as refined metal (cathode, powder, briquet, etc.) or ferronickel. Iron & Steel In

Manufacturing Term Letter: N

Nitrogen N

Nitrogen is commercially recovered from the air as ammonia, which is produced by combining nitrogen in the atmosphere with hydrogen from natural gas. Ammonia is converted to other nitrogen compounds, the most important of which are urea (NH2CONH2), nitric acid (HNO3), ammonium nitrate (NH4NO3), and ammonium sulfate [(NH4)2SO4]. With the exception of nitric acid, these compounds are widely used as

Manufacturing Term Letter: N

Non-ferrous

Any metal other than iron or metal alloy, whose principal constituent is not iron. Metal Mining Industry Operating Statistics

Manufacturing Term Letter: N

Noncompliant Mortgage Loan

a Purchased Mortgage Loan that has been: A-8 (a) not repurchased within the Maximum Dwell Time permitted, given the type of Purchased Mortgage Loan, but less than the Maximum Dwell Time for Noncompliant Mortgage Loans; (b) rejected by the Approved Investor set forth in the related Purchase Commitment; or (c) determined to be ineligible for sale as a Purchased Mortgage Loan of the type originally s

Financial Term Letter: N

Nonconforming Mortgage Loans

Mortgage loans that do not meet the requirements for sale to U.S. government agencies and U.S. government sponsored enterprises. These requirements include limits on loan-to-value ratios, loan terms, loan amounts, down payments, borrower credit worthiness and other requirements.

Financial Term Letter: N

Noncontrolling Interest

Portion of shareowners equity in a subsidiary that is not attributable to Company. In prior financial statements, this was labeled minority interest and was presented outside of shareowners equity.

Financial Term Letter: N

Nondurable goods

Tangible products that can be stored or inventoried and that have an average life of less than three years.

Economy Term Letter: N

Nonperforming Asset Ratio

Interest-earning assets on which interest income is not being accrued, real estate properties acquired through foreclosure and repossessed assets, as a percentage of total assets. Operating Statistics

Financial Term Letter: N

Nonperforming Assets

Interest-earning assets on which interest income is not being accrued, real estate properties acquired through foreclosure and repossessed assets.

Financial Term Letter: N

Nucleic Acid

DNA (deoxyribo-nucleic acid) or RNA (ribo-nucleic acid). Polymeric chains of nucleotides whose particular sequence constitutes an organisms genetic code (DNA and genomic RNA) or that participate in the biosynthesis of new protein molecules (other types of RNA such as messenger RNA, transfer RNA, and ribosomal RNA).

Health Care Term Letter: N

Number of Rooms

Represents the number of rooms at lodging properties at the end of the period.