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 ensure that transactions are executed at prices at least as good as protected quotations displayed at another center. A protected quotation is one that's immediately and automatically accessible.

 

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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

National Debt: The total debt accumulated by a government through the issue of government bonds, Treasury bills and Treasury notes. The government has to pay interest on its borrowings, and this obligation . . . View Full Definition

National Drought Policy Commission: P.L. 105-199 (July 16, 1998), the National Drought Policy Act, authorized creation of the Commission to conduct a study of current federal, state, local and tribal drought preparedness, and . . . View Full Definition

National Credit Union Administration (NCUA): The National Credit Union Administration (NCUA) is an independent federal agency that authorizes the establishment and oversees the administration of most federal- and state-chartered credit . . . View Full Definition