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GLOSSARY
Naked call
A naked call is the offer of a call option for a security that's not owned. If the security's trading price changes such that the exercise price on the option represents an attractive investment, the option seller may have to buy the shares on the open market and sell them at a loss to the option holder. For this reason, selling naked call options is a very risky strategy.
Named perils insurance policy
A named perils insurance policy is a type of homeowner's insurance, where the property is covered against damage resulting from specific circumstances, such as fire or theft. A named perils policy provides a more specifically defined set of coverages relative to a conventional, broad coverage policy.
National Association of Insurance Commissioners - NAIC
The National Association of Insurance Commissioners (NAIC) is the organization of insurance regulators from the 50 states, the District of Columbia, and the five U.S. territories. The NAIC provides a forum for the development of a uniform policy when uniformity is appropriate.
National Association of Investors Corporation - NAIC
National Association of Investors Corporation, or NAIC, is a non-profit entity that provides education, tips, and resources pertaining to the practice of investing. The NAIC is comprised of investors, investing groups, individuals, and corporations.
National Association Of Mortgage Brokers - NAMB
National Association of Mortgage Brokers, or NAMB, is a U.S. trade association that educates, sets standards for, and represents the interests of mortgage brokers. Mortgage brokers are individuals or entities that assist mortgage applicants in obtaining home financing.
National Association Of Real Estate Investment Trusts - NAREIT
National Association of Real Estate Investment Trusts, or NAREIT, is a U.S. trade organization that acts as the voice of REITs and other publicly traded real estate companies. The NAREIT community is comprised of REITs and businesses and individuals who operate in the REIT and related industries.
National Automobile Dealers Association
Often referred to as NADA. Publishes an Official Used Car Guide that is helpful to customers by supplying retail prices for most used cars and provides car dealers with a confidential list of trade in values.
National bank
These banks are chartered by our government and it is mandatory that they are members of the Federal Reserve System.
National Credit Union Association
National Credit Union Association, or NCUA, is the chartering agency for federal credit unions in the U.S. The NCUA also manages the National Credit Union Share Insurance Fund (NCUSIF), and promotes consumer education through a variety of programs. The NCUSIF insures consumer deposits that are held in credit unions, just as the FDIC does for banking institutions.
National Credit Union Share Insurance Fund
The National Credit Union Share Insurance Fund (NCUSIF) insures consumer deposits held in credit unions, just as the FDIC does for banking institutions.
National Do Not Call Registry
By calling 1-888-382-1222, you can register your phone numbers so that telemarketers cannot call you for a period of five years.
National Foundation for Consumer Credit
National Foundation for Consumer Credit, or NFCC, is a non-profit organization that accredits consumer credit counseling agencies.
National issuers
National issuers are large banking entities that offer consumer credit cards, among other services. Bank of America, for example, is a national issuer.
NCUA
NCUA stands for National Credit Union Association. The NCUA is the chartering agency for federal credit unions in the U.S. The NCUA also manages the National Credit Union Share Insurance Fund (NCUSIF), and promotes consumer education through a variety of programs. The NCUSIF insures consumer deposits that are held in credit unions, just as the FDIC does for banking institutions.
NCUSIF
NCUSIF stands for National Credit Union Share Insurance Fund (NCUSIF). The NCUSIF insures consumer deposits that are held in credit unions, just as the FDIC does for banking institutions.