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National Accounts:
The National Accounts are Statistics Canada's most-comprehensive report cards on the performance of the economy. They present a wide-ranging overview of economic performance, including output, income growth and inflation. The National Accounts also show measures of government expenditures, revenues and budget balances.
National Association of Securities Dealers Automated Quotations (NASDAQ):
One of the three major stock exchanges in the United States. (The New York Stock Exchange and the American Stock Exchange are the other two.) New companies entering the stock market with an IPO frequently start on the NASDAQ market.
Natural Rate of Unemployment:
The lowest rate of unemployment that can occur before the scarcity of qualified workers will begin to boost wage growth and inflation. The core rate is best thought of as the percentage of the labor force that is either frictionally or structurally unemployed.
Net Asset Value (NAV):
The value of all the holdings of a mutual fund, less the fund's liabilities.
Net Asset Value Per Share:
Net asset value of a mutual fund divided by the number of shares or units outstanding. This represents the base value of a share of unit of a fund and is commonly abbreviated to NAVPS. Net Cash Flow: your overall direction of cash flow or money flow.
Net Capital Loss:
To determine net capital loss, subtract allowable capital losses from taxable capital gains in the taxation year. Net capital losses can be carried back three years and carried forward seven. Revenue Canada does not allow you to claim all capital losses. You can only claim 75 per cent of eligible capital losses during the year.
Net Earnings:
The profits after all expenses and taxes are deducted.
Net Income:
Income received from all sources less deductions such as RRSP and RPP contributions, union dues, child and attendant care expenses, business investment loss, moving expenses, alimony or maintenance paid, carrying charges, exploration and development expenses, other employment expenses and any social benefits repayments.
Net Present Value (NPV):
The current value of a particular investment's net cash flow, less the initial investment. A positive result indicates the investment should be made, otherwise, it should not be made.
Net Sales:
A company's total sales minus certain types of returns, allowances and discounts.
Net Worth:
The difference between the total value of your assets and possessions (such as your home, savings accounts, and investments) and your liabilities (such as your mortgages, credit cards, and school loans) is your net worth. For a corporation, net worth (or stockholder's equity) is the amount that the corporation's total assets exceed its total liabilities.
New York Stock Exchange (NYSE):
The oldest American stock exchange. Companies have to meet certain criteria before they are included on the NYSE.
No-Load Funds:
A mutual fund that does not charge a fee for buying or selling its units.
New Issue:
A stock or bond sold by a corporation for the first time. Proceeds maybe used to retire outstanding securities of the company, for new plant or equipment, or for additional working capital. New debt issues are also offered by government bodies.
Non-Capital Loss:
Losses incurred during the year from employment, business and property.
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