New market

A market that a company is just starting to enter.

Niche

A market segment that has few competitors and/or is tiny and specialized.

Non-performing asset

An asset that does not provide its owner any revenue or profit.

Note

A formal commitment to pay a specified sum of money on a particular day.

Notice period

The grace period an employee must adhere to before leaving their position.

Net income

The amount of money a company has made after all costs have been covered.

NPO (nonprofit organization)

An organization that was founded with a charity objective or to provide a service rather than for financial gain.

NRO account (non-resident ordinary account)

A bank account kept in an Indian bank by a non-resident Indian that is used to store and keep revenue received in India.

NTI (net trade income)

The gap between an economy's exports and imports in terms of value.