Tag: NO
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Non Recourse Factoring
Treatment of Non Recourse Factoring in the United States Law The following is a short concept of Non Recourse Factoring published by Marco Terry: A form of factoring where the factoring company will absorb any credit losses that result from a customer defaulting on an invoice. The types of […]
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Notional Principal
Definition of Notional Principal in Futures Trading In this area, here is a meaning of Notional Principal: In an interest rate swap, forward rate agreement, or other derivative instrument, the amount or, in a currency swap, each of the amounts to which interest rates are applied in order to […]
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Nominal Price
Definition of Nominal Price (or Nominal Quotation) in Futures Trading In this area, here is a meaning of Nominal Price (or Nominal Quotation): Computed price quotation on a futures or option contract for a period in which no actual trading took place, usually an average of bid and asked prices […]
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No-Show
No-Show in the Context of Payments Definition of No-Show in the context of payments: A charge to a cardholder account by a lodging merchant if the person either fails to arrive or fails to cancel the guaranteed reservation.
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Notice of Assignment
Treatment of Notice of Assignment in the United States Law The following is a short concept of Notice of Assignment published by Marco Terry: A notice that is sent to customers informing them that the invoice has been factored and pledged as collateral. The NOA also informs the customer of the […]
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Notice Day
Definition of Notice Day in Futures Trading In this area, here is a meaning of Notice Day: Any day on which notices of intent to deliver on futures contracts may be issued.
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Nominal Interest Rate
Applied or nominal interest rate in the Context of Mortgages in the United Kingdom Note: additional topics related to mortatges in the English legal encyclopedia are available here. The rate used to calculate the interest due. Similar Terms Add on interestAdd on interestThe interest a […]
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Notice of Intent to Deliver
Definition of Notice of Intent to Deliver in Futures Trading In this area, here is a meaning of Notice of Intent to Deliver: A notice that must be presented by the seller of a futures contract to the clearing organization prior to delivery. The clearing organization then assigns the notice and […]