A financial security that generally has a longer term than a bill but a shorter term than a bond.
Author: todorm
Noncumulative Preferred Stock
A type of preferred stock that does not pay stockholders any unpaid or omitted dividends
Noncompetitive Tender
A bid made by a small investor to purchase a debt issue that has its price based on the average price of all competitive bids submitted.
Noncallable
A financial security that cannot be redeemed early by the issuer. The only way around that is to pay a penalty.
Nominee Name
A name that is used by the corporation as a generic registered owner on a stock or bond certificate.
Nominal Yield
The nominal yield is the coupon rate on a bond.
Noise
Information or activity that confuses or misrepresents genuine underlying trends.
No-Load Fund
A mutual fund in which shares are sold without a commission or sales charge.
No-Load
Shares that are sold without a commission or sales charge
Nil Paid
A security that is tradeable but that originally posed no cost to the seller.