National Association of Purchasing Management Chicago (NAPM Chicago)
National Association of Purchasing Management Chicago (NAPM Chicago) What is 'National Association of Purchasing Management Chicago - NAPM Chicago' An association which compiles a survey and index that monitors business conditions in Chicago and its surrounding areas. The National Association of Purchasing Management Chicago (NAPM Chicago) surveys firms in both the manufacturing and non-manufacturing sectors, and provides...
National Market System Plan (NMSP)
What is 'National Market System Plan - NMSP' A nationwide system used in the United States for the selection and reservation of securities symbols, and also for the collection, processing and distribution of quotation and transaction information for exchange-listed securities. The National Market System Plan consists of plans in which FINRA - the largest independent regulator for...
National Housing Act
What is 'National Housing Act' Federal legislation passed in 1934 to create the Federal Housing Administration (FHA). Its purpose is to make credit more available to lenders for home repairs and construction and to make better housing available to low- and moderate-income families. The National Housing Act also led to the 1937 creation of Fannie Mae, a...
National Currency
What is 'National Currency' The currency or legal tender issued by a nation's central bank or monetary authority. The national currency of a nation is usually the predominant currency used for most financial transactions in that country. Explaining 'National Currency' A handful of national currencies such as the U.S. dollar and the euro have...
National Association of Investors Corporation (NAIC)
What is 'National Association of Investors Corporation - NAIC' A non-profit organization that is dedicated to providing investing education that allows individuals to earn positive long-term returns. The association is based in Michigan, and is comprised of investing clubs along with individual investors from around the United States. Explaining 'National Association of Investors Corporation -...
Naked Warrant
What is 'Naked Warrant' A warrant that is issued without a host bond. A naked warrant allows the holder to buy or sell a particular financial instrument, such as a bond or shares, but unlike a normal warrant, it is not sold with an accompanying bond. Naked warrants are typically issued by banks or other financial institutions...
National Treatment
DefinitionNational treatment is a principle in international law vital to many treaty regimes. It essentially means treating foreigners and locals equally. Under national treatment, if a state grants a particular right, benefit or privilege to its own citizens, it must also grant those advantages to the citizens of other states while they are in that country. In the context...
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...