Most Recent Articles from A Dictionary of Finance and Banking  

• Normal Market Size

  Normal Market Size (NMS) A classification system for trading in securities, which replaced the alpha, beta, gamma, and delta classification used on...

  1/1/97 · More from publication

• note

  note 1. A promissory note . 2. A negotiable record of an unsecured loan (see COMMERCIAL PAPER ). The word ‘note’ is...

  1/1/97 · More from publication

• net profit

  net profit 1. (net profit before taxation) The profit of an organization when all receipts and expenses have been taken into account. In trading...

  1/1/97 · More from publication

• net worth

  net worth The value of an organization when its liabilities have been deducted from the value of its assets. Often taken to be synonymous with net...

  1/1/97 · More from publication

• New York Cotton Exchange

  New York Cotton Exchange The oldest commodity exchange in New York (founded in 1870) and the world's premier market for cotton futures and options...

  1/1/97 · More from publication

• New York Stock Exchange

  New York Stock Exchange (NYSE) The main US stock exchange, though no longer the only one (see AMERICAN STOCK EXCHANGE ; NATIONAL ASSOCIATION OF...

  1/1/97 · More from publication

View more »

A Dictionary of Finance and Banking: Issues from 1997

• January 1997