Glossary

n
Naked (derivatives position)
Naked credit default swap
Naked writing
Narrow money
NASDAQ
National accounts
National Association of Securities Dealers (NASD)
National income
Natural hedge
Nearby contracts
Nearby month
Negative arbitrage
Negative covenants
Negative equity
Negative pledge
Negative sloping yield curve
Negotiable
Negotiating bank
Net Asset Value (NAV) per share for a fund
Net credit or net debit position
Net Current Credit Exposure
Net debit (credit) balance
Net debt
Net debt to equity
Net Present Value (NPV)
Net profit
Net profit margin
Net risk transfers
Net settlement system
Netting
Netting agreement
Netting by novation
Netting of transactions
Network Provider
Neutral (natural) interest rate
New Global Note structure (NGN)
Nominal day
Nominal quotation
Nominal value
Nominated bank
Nominee
Non competitive auction
Non disclosure agreement (NDA)
Non-deliverable forward (NDF)
Non-investment grade
Non-recourse
Non-recourse facility
Non-recourse lending
Non-tariff barrier
Nonperforming loan
Normalization
North american free trade agreement (NAFTA)
Nostro account
Note
Notice day
Notional amount
Notional pooling
Notional principal
Novation
NOW
NYSE