Financial Dictionary

This dictionary contains:
24549
financial terms

Nil paid




Nil paid

Security that are tradeable but originally posed no cost to the seller.

RELATED TERMS
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Security
Piece of paper that proves ownership of stocks, bonds, and other investments.

Cost
The opposite of revenue. An expense that reflects the price of purchasing goods, services and financial instruments. A cash cost means that cash is given up today to the purchase. Also, the purchase price of an investment, which is compared to the sale proceeds to determine capital gain or loss.



SIMILAR TERMS
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PREVIOUS AND NEXT TERMS
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Nexus (of contracts)
A set or collection of something.

Nifty Fifty
Institutional investor's 50 most popular stocks.

Night safe
A safe set in the wall of a bank in which business customers can deposit money in the evenings and at weekends when the bank is closed.

Nikkei
The common term for the Nihon Keizai newspaper, Japan's leading financial newspaper. The Nikkei usually refers to the price-weighted average of 225 stocks of the first section of the Tokyo Stock Exchange.

Nikkei stock average
Applies mainly to international equities. Price-weighted average of 225 stocks of the first section of the Tokyo Stock Exchange started on May 16, 1949. Japanese equivalent of the US Dow.

Nil paid

Nine bond rule
An NYSE rule requiring that orders for nine bonds or fewer stay on the floor for one hour to seek a market.

NM
Abbreviation for "not meaningful".

No action letter
A letter from the Securities and Exchange Commission agreeing that the commission will take no civil or criminal action against a party, regarding a specific activity.

No adjournment
Within the text on the proxy, card are the words: "Shares will be voted at this annual meeting or at any adjournment thereof."

No autex
Used in the context of general equities. "No buy or sell interest should be entered into the Autex (advertising) system."

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This dictionary contains 24549 terms.







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