Financial lexicon

The financial world has it own vocabulary.
Click on the first letter of the word
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Narrow market
This is a market where trading is thin and any operation can affect the market quite considerably.
Nasdaq
Second largest stock exchange in the United States (after the New York Stock Exchange and ahead of Amex) which primarily lists high-tech companies.
Net assets
Book value of all a company's resources, minus liabilities.
New shares
Shares issued as part of a capital increase .These shares continue to be described thus until they are considered as old ones.
Nikkei
Index comprising the 225 most important securities on the Tokyo Stock Exchange.
Nominal (or par)
The value that appears on the instrument (bond,...) generally corresponding to an amount of money that has to be repaid on the maturity of a bond (in this case the bond is said to be repayable at par ultimately). This nominal value, and the nominal rate is used to determine the amount of interest paid.
Nominal or face rates
Rates linked to a bond and set during its issuance. This provides a means of determining the amount of interest paid to the bond bearer.
NYSE
Abbreviation of « New York Stock Exchange », which the leading stock exchange in the United States. Companies listed on this market are usually the most important ones in the United States.