HOME
|
ABOUT US
| MARKET INTELLIGENCE |
COURSES
|
RESEARCH
|
FAIS FACULTY
|
RE EXAMS
|
CPD POINTS
|
SEARCH
|
GLOSSARY
|
CONTACT US
This glossary is a FREE SERVICE to assist the student and enthusiast alike to get a better understanding of financial terms, analyst industry jargon and monetary concepts. It is a free service to all internet users.
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
  
Exact search         lion Contains the word      millions
Starts with word     lioness Ends with word          million
 
n.a.v. Net Asset Value

negligence a civil wrong causing injury or harm to another person or to property as the result of failing to provide a proper or reasonable level of care

net profit after interest and tax (NPAT, net profit, net earnings, net income) Net profit after interest and tax is the (fourth level) of profit remaining after interest and tax have been deducted from EBIT. [NPAT = EBIT – Interest – Tax]

new for old insurance where the replacement value of the property that has been lost or damaged is payable without deduction for depreciation (is replaced at current purchase price)

non-disclosure the failure to disclose a material fact or circumstance

nopat (Economic operating profit) NOPAT is the after tax and before interest operating profit. [NOPAT = EBIT – Tax] [Where tax is calculated on EBIT at the marginal corporate tax rate]

nopat % (Economic profitability) NOPAT% is the after tax and before interest operating profit expressed as a per cent of sales. [NOPAT% = NOPAT] 100/Sales

nuclear fission nuclear reaction in which a nucleus splits into smaller parts with a simultaneous release of energy