Cap Rate: The discount rate used to determine the present value of a stream of future earnings. Typically this will be an appropriate risk-free return plus a premium to reflect the risk of that specific investment.

 

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Cap Rate: The discount rate used to determine the present value of a stream of future earnings. Typically this will be an appropriate risk-free return plus a premium to reflect the risk of that specif . . . View Full Definition

No Capacity To Contract: The inability of a person to enter into a valid contract under any circumstances. Such inability can arise when a person has been adjudicated insane or is an officer of a corporation who is . . . View Full Definition

Nominal Annual Rate: An effective rate per period multiplied by the number of periods in a year. Same as annual percentage rate.

Nominal Exchange Rate: The actual foreign exchange quotation in contrast to the real exchange rate, which has been adjusted for changes in purchasing power.

Nitrate Base: Was an early flexible film support which was highly inflammable.

Nitrate: 1. The NO3- ion, formed by reaction of nitric acid with a base. 2. A compound containing the NO3- ion, for example ammonium nitrate, NH4NO3.

Net Working Capital: Current assets minus current liabilities.

Netscape: Originally a company that created a popular web browser by the same name, Netscape is now a social news site similar to Digg.com.

Nightcap: The second game of a doubleheader.

Nominal Interest Rate: The stated interest rate in a note or contract, which may differ from the true or effective interest rate, especially if the lender discounts the loan and advances less than the full amount.