Gross Rating Points (GRP): The sum of individual telecast ratings on a total program basis or advertiser commercial schedule, without regard to duplication. For example, 10 announcements each with a 10 rating would produce a total of 100 grps.

 

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Gross Rating Points (GRP): The sum of individual telecast ratings on a total program basis or advertiser commercial schedule, without regard to duplication. For example, 10 announcements each with a 10 rating would pr . . . View Full Definition

NTRP Rating: A tennis rating system which consists of a scale from 1 to 7 with a 1 being an absolute beginner and 7 a touring pro.

Octane Rating: The rating system of aviation gasoline with regard to its antidetonating qualities. Fuel with an octane rating of 87 is made up of a mixture of 87% isooctane and 13% heptane.

Nonoperating Assets: Investment and other assets not used in a business but held to earn a return separate from operations.

Non-Operating Income: Income not related to the ongoing operations of a company; for example, interest income and sale of fixed assets.

Nodal Points: Are located in two areas in a compound lens system. The front nodal point is where rays of light entering the lens appear to aim. The rear nodal point is where the rays of light appear to ha . . . View Full Definition

Non-Operating Expense: Expenses not related to the ongoing operations of a company; for example, interest expense, one-time events, and taxes.

Non-Operating Interest: A mineral lease interest that does not involve the rights and responsibilities of exploration, development, or production. A royalty interest is a non-operating interest.

Operating Activities: Transactions and events that enter into the determination of net income.

Operating Expenses: Those recurring expenses that are essential to the continuous operation and maintenance of a property. Operating expenses are generally divided into the following categories: fixed expenses . . . View Full Definition