C Block: The third PCS license that was auctioned by the FCC in May 1996. Each contains 30 MHz of spectrum in the 1900 MHz band and is based on BTA geographic partitions. The licenses were reserved for small businesses and entrepreneurs.

 

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C Block: The third PCS license that was auctioned by the FCC in May 1996. Each contains 30 MHz of spectrum in the 1900 MHz band and is based on BTA geographic partitions. The licenses were reserved f . . . View Full Definition

Noncompete Agreement: A contract restricting an employee from obtaining employment with a competitor within a specified industry, distance and/or time frame.

Noncompete: A provision in a number of employment contracts that prohibits an employee from working for a competing firm for a specified number of years after the employee leaves the firm.

Noncompetitive Bid: Investors who can't or don't wish to meet the minimum purchase requirements for competitive bidding on Treasury bills or notes may enter a noncompetitive bid. You can invest as little as $1, . . . View Full Definition

Noncompetitive Imports: A term used by the Economic Research Service in its reporting of agricultural trade statistics to refer to imports of commodities not produced in the United States. Commodities such as tea, . . . View Full Definition

Nonconforming Use: A use of property, legally permitted to continue as such, in spite of the orignial zoning ordinance which prohibited such use for the area.

Noncompliance: Failure to follow equal employment opportunity or affirmative action guidelines and the regulations applicable to them.

Nonclearing Member: An exchange member firm that is not able to clear transactions, and must pay another member firm to carry out its clearing operations.

Noncash Transactions: Investing and financing activities that do not affect cash: if significant, they are disclosed below the statement of cash flows or in the notes to the financial statements.

Nonaccredited Investor: Wealthy, sophisticated investors who do not meet SEC net worth requirements. These investors require less protection because of large financial resources, but only 35 nonaccredited investor . . . View Full Definition