Glossary Index | Categories | Tagged Terms

Terms Starting with N

No Money Down Mortgage -
Nomenclature of territorial...

North Battleford Airport -
Northern Credit Union

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 (n/s, non-smo) — 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.