NASDAQ: National Association of Security Dealers Automated Quotation system, a screen-based quotation system supporting market making in registered equities.

Needs: Goods or services essential for living.

Negotiation: A discussion with the aim of resolving a difference of opinion, or dispute, or to settle the terms of an agreement or transaction.

Net assets: The amount by which the value of a company’s assets not exceeds its liabilities.

Net capital: The amount by which assets exceed the value of assets not easily converted to cash.

Net cash balance: The amount of cash that is on hand.

Net cash flow: The difference, each month, between cash inflows and cash outflows.

Net errors and omissions: The net amount of the discrepancies that arise in calculations of balances of payments.

Net fixed assets: The value of fixed assets after depreciation.

Net margin: The percentage of revenues that is profit.

Net operating income: The amount by which income exceeds expenses, before considering taxes and interest.

Net proceeds: The amount realized from a transaction minus the cost of making it.

Net profit: Profits made by a business after all costs have been deducted from sales revenue; it is calculated by subtracting overhead costs from gross profit.

Net worth: The total value of a business in financial terms. Net worth is calculated by subtracting total liabilities from total assets

Niche: A well-defined group of customers for which what you have to offer is particularly suitable.

No-load fund: A mutual fund that does not charge a fee for purchase or sale of shares.

Non-cooperation: A form of industrial action when employees agree to have pay disputes settled by an independent arbitrator instead of taking strike action.

Nondisclosure agreement: A legally enforceable agreement preventing present or past employees from disclosing commercially sensitive information belonging to the employer to any other party.

Nonrecurring: One time, not repeating. “Nonrecurring” expenses are those involved in starting a business, and which only have to be paid once and will not occur again.

No-strike agreement: When trade unions and management agree to have pay disputes settled by an independent arbitrator instead of taking strike action.

Note: A document that is recognized as legal evidence of a debt.