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  • The Financial Encyclopedia
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Net Interest Income

The difference between the interest income a bank or a lending institution earns from lending money to clients and the...

    Narrow Money

    A component of money supply that consists of highly liquid forms of money: coins and currency (banknotes, and other digital...

      Non-Financial CP

      It stands for nonfinancial commercial paper; a commercial paper that is issued by nonfinancial corporations, typically large industrial or services...

        NFCP

        It stands for nonfinancial commercial paper; a commercial paper that is issued by nonfinancial corporations, typically large industrial or services...

          Non-Real-Time Promotion

          A financial promotion that is carried out by letter, email, website, or through an advertisement in newspaper. Financial institutions are...

            Nonfinancial Commercial Paper

            A commercial paper that is issued by nonfinancial corporations, typically large industrial or services firms and utility companies. This short-term...

              NOW Account

              An abbreviation for negotiable order of withdrawal account; an interest bearing checking account. It is a type of transaction accounts...

                Novation

                A method that is used by a lender to transfer a loan whereby the rights and obligations under the loan...

                  NINJA Loan

                  An abbreviation for a "no income, no job and no assets" loan. It is a loan extended to an unemployed...

                    Negative Maturity Transformation

                    A maturity transformation which results in assets being ‘on average’ shorter in maturity than liabilities. This occurs when banks and...