| Negative balance protection:
Negative balance protection is a feature that ensures that a customer's account balance cannot go below zero as a result of trading losses. This means that if the value of a customer's account falls below zero, the customer will not be liable for any further losses.
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| Net asset value (NAV):
The net asset value (NAV) is the value of an investment company's assets minus its liabilities. It is most commonly used to refer to the value of a mutual fund or an exchange-traded fund (ETF). The NAV per share is calculated by dividing the total NAV by the number of shares outstanding. |
| Net change:
Net change is the difference between the current price of a stock or other security and its previous closing price. It is often used to measure the performance of a security over a specific period of time. |
| Net income:
Net income is a company's total revenue minus its total expenses. It is also referred to as "net profit" or "bottom line." It is the amount of money a company has left over after all expenses have been paid. |
| NISA:
NISA is a tax-efficient savings account in Japan. It allows the account holder to save and invest up to a certain amount each year without paying taxes on the interest earned or capital gains. |
| Nominal:
Nominal refers to the face value of a financial instrument, such as a bond or a currency, rather than its current market value. It is also used to describe a value that has not been adjusted for inflation. |
| Nominee:
A nominee is a person or entity that holds legal title to a property or a financial asset on behalf of the beneficial owner. Nominees are commonly used in situations where the beneficial owner wishes to remain anonymous or wishes to avoid the legal responsibilities that come with ownership. |
| Non-current assets:
Non-current assets are long-term assets that a company plans to hold for more than a year, such as property, plant, equipment, and intangible assets such as patents and trademarks. These assets are expected to generate future economic benefits and are reported separately from current assets on a company's balance sheet. |
| Non-farm payrolls:
Non-farm payrolls refers to the number of employees in the U.S. who were on payrolls of non-agricultural businesses. The Bureau of Labor Statistics (BLS) releases a report on the first Friday of each month that includes this data. This report is closely watched by investors, economists and policy makers as it is a key indicator of economic health. |