Allodial System: A system of land ownership in which land is held free and clear of any rent or service due to the government, commonly contrasted to the feudal system. Land is held under the allodial system in the United States.

 

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Allodial System: A system of land ownership in which land is held free and clear of any rent or service due to the government, commonly contrasted to the feudal system. Land is held under the allodial system . . . View Full Definition

Nonsystematic Risk: Nonsystematic risk results from unpredictable factors, such as poor management decisions, successful competitive products, or suddenly obsolete technologies that may affect the securities is . . . View Full Definition

North American Industry Classification System (NAICS): Standard industrial classification codes have been replaced in the 1997 Census of Agriculture by the new North American Industry Classification System (NAICS). NAICS is a unique, all-new sys . . . View Full Definition

NT File System (NTFS): One of the file system for the Windows NT operating system (Windows NT also supports the FAT file system). NTFS has features to improve reliability, such as transaction logs to help recover . . . View Full Definition

Open System: A system that can be adjusted for new functions or purposes, and hence produce new and unpredicted results. Human language is an example of an open system. To a lesser extent, so is XML code . . . View Full Definition

Open Circulatory System: A system in which the circulating fluid is not enclosed in vessels at all times; found in insects, crayfish, some mollusks, and other invertebrates.

Next Generation Water Level Measurement System (NGWLMS): A fully integrated system encompassing new technology sensors and recording equipment, multiple data transmission options, and an integrated data processing, analysis, and dissemination subsystem.

Network Basic Input - Output System (NetBIOS): A commonly used networking protocol originally developed for LANs. Operates on the Session and Transport layers of the OSI model, so doesn't make use of physical network characteristics.

National Spatial Reference System (NSRS): A consistent national coordinate system that defines latitude, longitude, height, scale, gravity, and orientation through out the nation, and how these values change with time. The NSRS is d . . . View Full Definition

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