Related Words

Perfect Market View (Of Capital Structure): Analysis of a firm's capital structure decision, which shows the irrelevance of capital structure in a perfect capital market.

National Market System (NMS): The National Market System (NMS) links all the major stock markets in the United States and was developed to foster competition among them. Federal rules require these trading centers to ens . . . View Full Definition

Negative Working Capital: Occurs when current liabilities exceed current assets, which can lead to bankruptcy.

National Market Advisory Board: Group that advises the SEC on establishing a national exchange market system, which is a highly automated, continuous national exchange, but that preserves the regional exchanges.

National Market: Related: Internal market

Nasdaq Small-Capitalization Companies: A group of 2000 companies with relatively small capitalization, which are listed separately and have at least two market makers.

NASDAQ Stock Market: The NASDAQ Stock Market is the world's oldest and largest electronic stock market and is now a national securities exchange and an independent self-regulatory organization (SRO). The most ac . . . View Full Definition

Negotiated Markets: Markets in which each transaction is separately negotiated between buyer and seller (i.e., an investor and a dealer).

Net Realized Capital Gains Per Share: Capital gains realized by an investment company minus any capital losses divided by the total number of the company's outstanding shares.

Non-Group Market: A market segment that consists of customers who are covered under an individual contract for health coverage or enrolled in a government program.