Terms Starting with N

  • Non-Observed Economy (NOE)Acronym,
    • Non-Owned Disposal Site (NODS)Acronym,
      • Non-owner Occupant Definition,
        • A borrower who purchases a property for investment or rental purposes and will not occupy the property.
      • Non-Owner Occupied (NOO)Acronym,
        • Non-Performing (NP)Acronym,
            As in a note or mortgage loan.
          • Non-Performing Loan (NPL)Acronym,
            • A mortgage loan that is in default or where the debtor is delinquent in making payments.
          • Non-Profit Institution (NPI)Acronym,
            • Non-Qualified Deferred Annuity (NQDA)Acronym, United States,
                A US taxation term.
              • Non-Qualifying (NONQ)Acronym,
                • Non-recourse Debt Definition,
                  • A loan secured by collateral where the borrower is not personally liable.
                • Non-Recurring Closing Costs (NRCC) Acronym,
                  • One-time fees paid at a real-estate settlement, including origination, appraisal, points, title insurance and credit report.
                  Non-recurring fees at closing are those that are paid once such as a property inspection or property appraisal fees. Recurring fees are those that are paid again and again such as property taxes, condo fees and property insurance.
                • Non-refundable Credit Definition,
                  • Tax credits reduce your tax liability dollar-for-dollar. Non-refundable credits can get your tax bill down to zero.
                • Non-Resident Alien (NRA) Acronym,
                  • A person who is not a permanent resident or a citizen of Canada, and who is generally taxed on income from Canadian resources.
                • Non-Resident Tax (NR)Acronym,
                    Bank account transaction code.
                  • Non-Scheduled Personal Property Definition,
                    • Assets considered common enough that they are automatically covered by property insurance without the need for an appraisal or receipt.
                  • Non-Smoker (non-smo, n/s)Abbreviation,
                    • A person who does not smoke cigarettes, cigars, etc.
                  • Non-Sufficient Funds (NSF) Acronym,
                    • When funds are not enough to satisfy the payment of a cheque or draft made on that account; also known as non-sufficient funds (NSF).
                  • Non-Tariff Barriers (NTB)Acronym,
                    • Non-Tariff Measures (NTM)Acronym,
                      • Non-Tax Qualified (NTQ)Acronym, United States,
                          A US taxation term.
                        • Non-Total Loss Only (NTLO)Acronym,
                          • Nonborrowed Reserves (NBR)Acronym,
                            • Nootka Sound Airport (YNK)Acronym, Nootka Sound, British Columbia, Canada,
                              • Normal Operating Exhaust Capacity (NOEC)Acronym,
                                • Normalized Net Operating Income (NNOI)Acronym,
                                  • Norman Wells Airport (YVQ)Acronym, Norman Wells, Northwest Territories, Canada,
                                    • North American Financial Group (NAFG)Company, Ottawa, Ontario, Canada,
                                      • North American Free Trade Agreement (NAFTA) Acronym,
                                        • An agreement between the United States, Canada, and Mexico that allows for freer trade between the three countries.
                                      • North American Professional Liability Insurance Agency (NAPLIA) Company,
                                        • North American Securities Administrators Association (NASAA) Company Est. 1919, United States,
                                            State and provincial securities regulators.
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