Glossary

Naked Call Naked Option Naked Put Naked Short Naked Short Selling Naked Trading Narrow Market National Market System Natural Hedge Negative Carry Negative Convexity Negative Duration Negative Equity Negative Yield Curve Negotiated Market Negotiated Underwriting Net Asset Value Net Change Net Interest Margin Net Position Net Present Value Net Profit Margin Net Yield Neutral Strategy New Issue No Par Value Stock No-Load Fund Non-Accrual Loan Non-Deliverable Forward Non-Discretionary Account Non-Performing Asset Non-Recourse Loan Non-Sufficient Funds Note Notice Period Notional Amount Notional Value Null Hypothesis Number Cruncher NYSE