Tooltip Categories: Economics & Finance

notice

Advance notification of intention to end an arrangement, contract, etc, as of renting or employment. (source: http://www.wordreference.com/definition/notice

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non-contributory pension (Spain)

The beneficiaries must not have been contributory members of the Social Security system during their working life and this pensions are targeted at low-income households

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non-payment

A failure to pay money which is owed. (source: http://dictionary.cambridge.org/dictionary/british/non-payment)

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non-voting equity units

Financial assets that are similar to shares. They are marketable securities which represent monetary contributions of an indefinite duration. They are regarded as shareholders’ equity

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non-working day

Commerce: any day (other than Sunday or legal holiday) on which legal business can be conducted. Whether Saturday is a working day or not depends

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non-sufficient funds [NSF]

A term used in the banking industry to indicate that a demand for payment (a cheque) cannot be honored because insufficient funds are available in

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non disclosure agreement [NDA]

a legal contract between at least two parties that outlines confidential material, knowledge, or information that the parties wish to share with one another for

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Nikkei Index

The common term for the Nihon Keizai newspaper, Japan’s leading financial newspaper. The Nikkei usually refers to the price-weighted average of 225 stocks of the

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