An issue that is recorded on the transfer agent’s electronic book rather than being held as a physical note.
Archives
Non-Exempt Issuer
A listed issuer that is subject to special reporting rules.
Non-Net Order
A special-term order when there is a clear understanding between the buying and selling parties that they will settle the trade directly with each other.
Non-Operating Expenses
Expenses not due to basic business of company.
Non-Operating Income
Income not derived from basic business of company.
Non-Resident Order
A special term order when one or more participants in the trade is not a Canadian resident.
Normalized Earnings
Profits a company can be expected to achieve taking out cyclical effects and unusual events such as one-time write-offs caused by late product releases, customer bankruptcies and the like.
Momentum Analysis
Usually involves looking for stocks in a strong uptrend (high relative strength), strong earnings growth, and increasing earnings forecasts. In today’s market, may include relative strength only.
Momentum Stocks
Companies currently in favor by investors (price/sales greater than 10, price/earnings greater than 35 or so).
Money Market
Part of the capital market established to buy and sell short-term financial obligations. These include federal government treasury bills, short-term Government of Canada bonds, commercial paper, bankers’ acceptances and guaranteed investment certificates. Longer-term securities are also traded in the money market when their term shortens to three years.