Business and Personal Finance Dictionary

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 

• NO PROTEST - Instructions given to a collecting bank not to protest a specific item in the event of non...
  
  
• NO QUOTE (NQ) - No Market Makers making an inside market at this time.
  
  
• NO RATIO LOAN - A documentation requirement where the applicant's income is disclosed and verified but ...
  
  
• NO SUBSTITUTION - Within the text on a proxy card are the words: "The shareholder appoints certain peop...
  
  
• NO-ACTION LETTER - The Federal Reserve, the Securities and Exchange Commission (SEC) or the Commodity F...
  
  
• NO-BRAINER - A market in which it does not take very complex analysis to figure out how securities are ...
  
  
• NO-CHOICE RULE - If a real estate transaction qualifies as an exchange, it must be treated as an exchan...
  
  
• NO-COST LOAN - Many lenders offer loans that you can obtain at "no cost." You should inquire whether th...
  
  
• NO-COST MORTGAGE - A mortgage on which all settlement costs except per diem interest, escrows, homeowne...
  
  
• NO-DOC LOAN - Short for "no-documentation loan." A mortgage in which the applicant provides a minimum o...