In The Tank
What is 'In The Tank' A slang term referring to very poor performance, as in that of a security, sector or market. A security, sector or market can be considered "in the tank" once it has performed very poorly or well below expectations. A security, sector or market is said to "be tanking" while it is on...
Implied Warranty Of Habitability
The implied warranty of habitability is a legal doctrine that requires landlords to ensure that their rental properties are fit for human habitation. If a landlord fails to meet this obligation, the tenant may be able to sue for damages. In this article, we will discuss what the implied warranty of habitability is, what rights and responsibilities it entails...
Ichimoku Cloud
What is the 'Ichimoku Cloud' The Ichimoku cloud is a chart used in technical analysis that shows support and resistance, and momentum and trend directions for a security or investment. It is designed to provide relevant information at a glance using moving averages (tenkan-sen and kijun-sen) to show bullish and bearish crossover points. The "clouds" (kumo, in...
Import Duty
Import Duty What is an 'Import Duty ' Import duty is a tax collected on imports and some exports by the customs authorities of a country. It is usually based on the value of the goods that are imported. Depending on the context, import duty may also be referred to as customs duty, tariff, import tax...
National Foundation For Consumer Credit (NFCC)
What is 'National Foundation For Consumer Credit - NFCC' A non-profit organization that seeks to educate consumers about credit and borrowing. One of the major services provided by the National Foundation for Consumer Credit is counseling for consumers who have taken on too much debt, with the goal of keeping consumers from declaring bankruptcy. Another way they...
Named Beneficiary
What is 'Named Beneficiary' This term refers to any beneficiary named in a will, a trust, an insurance policy, pension plan accounts, IRAs, or any other instrument, to whom benefits are paid. Named beneficiaries are the beneficial owners of the property and will share in the proceeds at the time of disposition. In an annuity policy, for...
National Income Accounting
What is National Income Accounting National income accounting is used to track a country's economic activity and growth. It measures the total value of all goods and services produced within a country in a given period of time. This includes everything from manufacturing and agriculture to services such as healthcare and transportation. National income accounting is used to provide an...
Narrow Money
DefinitionIn economics, broad money is a term denoting a certain measure of the amount of money in a national economy, and it is used depending on the local practice. Narrow Money What is 'Narrow Money' Narrow money is a category of money supply that includes all physical money like coins and currency along with demand deposits and...
Natural Gas Equivalent
What is natural gas equivalent Natural gas is a fossil fuel that consists mostly of methane. It is often used as a fuel for cooking, heating, and Electricity generation. Natural gas is extracted from the ground by drilling and can be found in many different places around the world. The term “natural gas equivalent” refers to the amount of methane...
National Pensions Reserve Fund
What is 'National Pensions Reserve Fund' The National Pensions Reserve Fund is a public pension fund established by the Republic of Ireland. The Government of Ireland makes annual deposits of 1% of GNP into the fund. According to the Sovereign Wealth Fund Institute, the fund has approximately $30.6 billion in assets under management. Explaining 'National...