NET ASSETS - Total Assets minus Total Liabilities.
NET BOOK VALUE - historical cost of a fixed asset less the accumulated
depreciation of that fixed asset.
NET CURRENT ASSETS - current assets minus current liabilities.
NET WORTH - another term for owners' equity (shareholders funds).
NOMINAL SHARE CAPITAL - the total that could be invested into the company
by its members. When a company is formed the Nominal Capital is established
and written into the Memorandum of Association. This is the sum proposed to
raise capital to carry on or continue business.
NON-CUMULATIVE PREFERENCE SHARE - see preference share.
NON-TRADING - a company is not doing business BUT may still have other
accounting transactions going through its books.
A B C