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Category: N

Note

Definition In finance, a note is a written promise to repay a debt under specific terms. These terms include the amount of the loan, the

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Not-Held Order

Definition A Not-Held Order is a type of order in which the investor gives their broker the discretion to execute the order at the time

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Not for Profit

Definition The term “Not for Profit” refers to a type of organization that does not earn profits for its owners. All of the money earned

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Notice of Default

Definition A Notice of Default is a legal notification sent by a lender to a borrower indicating that payments on a debt, such as a

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Notice of Deficiency

Definition A Notice of Deficiency is a formal written document issued by a tax authority, such as the Internal Revenue Service (IRS) in the U.S.,

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Notice of Termination

Definition A Notice of Termination in finance is a formal communication sent by one party to another indicating the intention to end a contract or

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Nostro Account

Definition A Nostro account refers to an account that a bank holds in a foreign currency in another bank. Nostros, a term derived from the

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Notching

Definition Notching refers to the practice where credit rating agencies assign different credit ratings to the particular obligations of a single issuing entity or assign

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