n
  • NASD
    See FINRA.

  • Nasdaq
    National Association of Securities Dealers Automatic Quotation System. An electronic quotation system that provides price quotations to market participants.

  • Negotiable
    A security that can be transferred or sold as a form of payment.

  • Net asset value (NAV)
    A single mutual fund share's price.

  • Net change
    The difference between today's last trade and the previous day's last trade.

  • Net income
    A company's revenue minus costs. Also called 'the bottom line,' earnings, or net profit.

  • Net worth
    Common stockholder's equity, consisting of common stock, surplus, and retained earnings.

  • New issue
    Securities being offered to the public for the first time, subject to the rules of the Securities and Exchange Commission.

  • New York Stock Exchange (NYSE)
    Located on Wall Street and founded in 1792, it is the oldest and largest exchange in the U.S.

  • No-load mutual fund
    A mutual fund without upfront sales charges or distribution fees. However, no-load funds still incur management fees and 12b-1 fees.

  • Nonrecourse debt
    Debt for which the borrower is not personally liable.

  • Noncumulative
    A class of preferred stock that does not accrue unpaid dividends.

  • Nonqualified assets
    Any assets subject to taxes.

  • Nonrefundable
    A bond indenture condition that restricts a bond from being refunded.

  • Note
    A debt security with an initial maturity of more than one year, and less than 10 years.

  • NYSE Composite Index
    A weighted index of all NYSE common stocks.