Business & Commercial Terms with "N"

Glossary of Business & Commercial - Glossario Società & Commerciale

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Net Worth: calculated as the Total Assets minus the Total Liabilities where the former is also adjusted to eliminate any Intangible Assets.

Nominal Capital: the total share capital that could be inverted into the company by its owners.

Non-Executive Director: usually a Director who only attends Board Meetings.

Non-Trading Company: a company which does not trade.

Non-Trading Income: comprises investment income, such as income from quoted & unquoted investments, rents received, share of profit from associated companies; as well as reserves adjustments, such as transfers from capital grant reserve. Interest relief grants, write-offs of investments and intangibles will also be included.