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.

 

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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.

Normal Tide: A nontechnical term synonymous with tide; i.e., the rise and fall of the ocean due to the gravitational interactions of the Sun, Moon, and Earth alone. Use of this term is discouraged.

Normal Yield: The average historic yield established for a particular farm or area. Can also describe average yields. Normal production would be the normal crop acreage planted multiplied by the normal yi . . . View Full Definition

Normality: A measure of solution concentration, defined as the number of equivalents of solute per liter of solution.

Normal Retirement: The age or number of working years after which a pension plan beneficiary can retire and receive unreduced benefits immediately.

Normal Random Variable: A random variable that has a normal probability distribution.

Normal Portfolio: A customized benchmark that includes all the securities from which a manager normally chooses, weighted as the manager would weight them in a portfolio.

Normal Probability Distribution: A probability distribution for a continuous random variable that forms a symmetrical bell-shaped curve around the mean. This distribution has no skewness or excess kurtosis.

Normalize: This term can be applied to many aspects of accounting. It means to average or smooth out a set of figures so they are more consistent with the general trend of the business. This is usually . . . View Full Definition

Normalized Earnings: Earnings that have been adjusted in order to take into account the effect of cycles in the economy.