Related Words

Investment Strategy Committee: A committee within a brokerage firm that conducts research and makes recommendations on the firm's stated investment strategy.

Net Present Value Of Future Investments: The present value of the total sum of NPVs expected to result from all of the firm's future investments.

Normal Investment Practice: The investment history of a customer, which is used as a benchmark to test the bona fide public offerings requirement of the allocation of a hot issue.

Overlay Strategy: A strategy of using futures for asset allocation by pension sponsors to avoid disrupting the activities of money managers.

Net Investment Income Per Share: Income received by an investment company from dividends and interest on investments less administrative expenses, divided by the number of outstanding shares.

Net Investment: Gross, or total, investment minus depreciation.

National Committee On Quality Assurance (NCQA): An independent, nonprofit organization which assesses the quality of managed care plans, managed behavioral health care organizations and credentials verification organizations.

National Television System Committee (NTSC): Refers to the standards used for video broadcast and playback signal parameters in the U.S. Japan and other countries. Alternative systems used in Europe and some Asian countries are PAL and SECAM.

Pac-Man Strategy: Takeover defense strategy in which the prospective acquiree retaliates against the acquirer's tender offer by launching its own tender offer for the other firm.

Passive Portfolio Strategy: A strategy that involves minimal expectational input, and instead relies on diversification to match the performance of some market index. A passive strategy assumes that the marketplace wil . . . View Full Definition