Franchise Investment Law: Administered by the California corporations commissioner, the law requires disclosure from the franchisor to the franchisee and is intended to protect prospective purchasers of franchises.

 

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Franchise Investment Law: Administered by the California corporations commissioner, the law requires disclosure from the franchisor to the franchisee and is intended to protect prospective purchasers of franchises.

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.

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.

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.

Ohms Law: The mathematical relationship between voltage, current, and resistance. It is named after George Ohm, it's discoverer. Ohm's law states that current volume in a conductor is directly proport . . . View Full Definition

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

Municipal Investment Trust (MIT): A unit investment trust that buys municipal bonds and usually holds them until maturity, passing the bond income on to shareholders, usually tax-free.

Monthly Investment Plan: A plan in which a certain amount is invested each month in order to benefit from dollar cost averaging.

Moodys Investment Grade: A rating of one through four assigned by Moody's Investor Service to municipal short-term bonds.

Mother-In-Law: Usually the 7-pin, because it's often the pin that remains standing to spoil what looked like a good strike hit; sometimes synonymous with barmaid.