Occupational Pension Scheme
An occupational pension scheme is a retirement plan set up by an employer for their employees. It provides a way to save for retirement, often with employer contributions, ensuring financial…
Non-Executive Director
A non-executive director (NED) is a member of a company's board of directors who is not part of the executive management team. They provide independent oversight and strategic guidance, bringing…
Nominal Values Explained
Nominal values represent categories or labels without inherent numerical order. They are used for identification and classification, distinguishing items rather than quantifying them. Useful in statistics and data analysis.
Nominal Interest Rate
The nominal interest rate is the stated interest rate before accounting for inflation. It represents the simple percentage charged on a loan or earned on an investment, not reflecting the…
Nikkei 225: Japan’s Premier Stock Market Index
The Nikkei 225 is a stock market index for the Tokyo Stock Exchange. It comprises 225 top-rated Japanese companies, serving as a key indicator of Japan's economic health and market…
New York Stock Exchange (NYSE)
The New York Stock Exchange, or NYSE, is a prominent global stock exchange. It facilitates the trading of stocks and other securities, playing a crucial role in the U.S. economy…
Net Asset Value (NAV)
Net asset value (NAV) represents the per-share market value of a mutual fund or ETF. It's calculated by subtracting liabilities from assets and dividing by outstanding shares.
Negative Equity
Negative equity occurs when the value of an asset, like a house or car, is less than the outstanding loan balance. This means you owe more than it's worth.
National Insurance
National insurance is a system of contributions made by employees, employers, and the self-employed to fund state benefits and pensions. It ensures a safety net for unemployment, sickness, and retirement.
National Debt Explained
The national debt represents the total amount of money a country's government owes to its creditors. It accumulates through government borrowing to finance deficits. Understanding it is crucial for economic…