Tag: industry
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...
Natural Gas Liquids (NGL)
What are 'Natural Gas Liquids - NGL' Natural gas liquids (NGL) are components of natural gas that are separated from the gas...
National Retail Federation (NRF)
What is the National Retail Federation (NRF)?
The National Retail Federation is the largest retail trade association in the world. Its membership comprises more than...
Oligopoly
DefinitionAn oligopoly is a market form wherein a market or industry is dominated by a small number of large sellers. Oligopolies can result from...
National Association of Insurance Commissioners (NAIC)
What is 'National Association of Insurance Commissioners - NAIC' A nationwide organization whose main responsibility is to protect the interests of insurance...
National Market System (NMS)
What is a 'National Market System - NMS' A national market system (NMS) is a system with two main functions: ...
Offshore
What is 'Offshore' Offshore identifies any item that is located or based outside of one's national boundaries. The term "offshore" is used...
Oil Price to Natural Gas Ratio
What is 'Oil Price to Natural Gas Ratio' A mathematical ratio comparing the prices of crude oil and natural gas. In the...
Offensive Competitive Strategy
Most people think of competition in terms of outdoing the competition, beating them at their own game. But what if you could take the...
Oil Reserves
DefinitionOil reserves denote the amount of crude oil that can be technically recovered at a cost that is financially feasible at the present price...