Nasdaq Intermarket
What is 'Nasdaq Intermarket' An electronic marketplace where National Association of Securities Dealer (NASD) members could execute trades, communicate, and receive quotations on stocks listed on the New York Stock Exchange (NYSE) and the American Stock Exchange (Amex). Formerly known as "Nasdaq's third market", Nasdaq Intermarket used Nasdaq's Computer Assisted Execution System (CAES) to connect buy and/or...
National Bureau of Economic Research (NBER)
What is 'National Bureau of Economic Research - NBER' This private, non-profit, non-partisan research organization's main aim is to promote greater understanding of how the economy works. It disseminates economic research among public policymakers, business professionals and the academic community. Explaining 'National Bureau of Economic Research - NBER' Hundreds of the nation's leading scholars...
National Association Of Insurance And Financial Advisors (NAIFA)
What is 'National Association Of Insurance And Financial Advisors - NAIFA' A nonprofit group that works on behalf of its members to promote a favorable regulative environment, provide professional education services and ensure ethical professional conduct for insurance and financial advisors. The NAIFA also provides its members with sales training, networking facilities and other tools...
National Association of Realtors – NAR
DefinitionThe National Association of Realtors, whose member brokers are known as realtors, is a North American trade association for those who work in the real estate industry. It has over 1.1 million members, including NAR's institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries. NAR also functions as a self-regulatory organization for...
National Association Of Securities Dealers (NASD)
What is the National Association of Securities Dealers (NASD)? The National Association of Securities Dealers (NASD) is the largest securities market regulator in the United States. It is a private, self-regulatory organization that oversees the trading of securities products like stocks, bonds, and mutual funds. The NASD is responsible for enforcing rules and regulations that protect investors from fraud and...
National Association Of Federal Credit Unions (NAFCU)
What is the NAFCU and what does it do The National Association of Federal Credit Unions is a trade association that represents the interests of federally insured credit unions in the United States. Headquartered in Arlington, Virginia, the NAFCU has over 3,000 member credit unions with more than 20 million members. The NAFCU provides advocacy, educational resources, and business solutions...
Nanny Tax
DefinitionThe combination of payroll taxes withheld from a household employee and the employment taxes paid by their employer are commonly referred to as the nanny tax. Under current law, any family or individual that pays a household employee more than $2,000 a year must withhold and pay Social Security and Medicare taxes, also known as FICA. The law mandates...
Natural Monopoly
DefinitionA natural monopoly is a monopoly in an industry in which high infrastructural costs and other barriers to entry relative to the size of the market give the largest supplier in an industry, often the first supplier in a market, an overwhelming advantage over potential competitors. This frequently occurs in industries where capital costs predominate, creating economies of scale...
National Securities Clearing Corporation (NSCC)
What is 'National Securities Clearing Corporation - NSCC' Financial sector clearing, risk management, information, and settlement services are provided by the Depository Trust & Clearing Corporation (DTCC), a subsidiary of the Depository Trust & Clearing Corporation (DTCC). In order for brokers to combine their buy and sell positions into a single payment obligation, the NSCC provides multilateral netting. This allows...
Naoyuki Akikusa
What is 'Naoyuki Akikusa' A former chairman, CEO and president of Fujitsu Limited. Naoyuki Akikusa was born in Japan in 1938, joined Fujitsu in 1961 as a systems engineer and worked there for his entire career. After advancing through numerous vice presidential positions, he became president in 1998 and CEO in 2000 and held both positions until...