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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.
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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.
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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.
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Net
Asset Value (NAV):
The
value of all the holdings of a mutual fund, less the fund's liabilities.
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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.
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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.
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Net
Earnings:
The
profits after all expenses and taxes are deducted.
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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.
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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.
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Net
Sales:
A
company's total sales minus certain types of returns, allowances
and discounts.
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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.
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New
York Stock Exchange (NYSE):
The
oldest American stock exchange. Companies have to meet certain criteria
before they are included on the NYSE.
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No-Load
Funds:
A
mutual fund that does not charge a fee for buying or selling its
units.
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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.
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Non-Capital
Loss:
Losses
incurred during the year from employment, business and property.
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