NOT TRANSFERABLE

These words, when written across the face of a negotiable instrument, operate to destroy its negotiability. Durr v. State, 59 Ala. 24.

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NOT-FOR-PROFIT ACCOUNTING

Accounting that conforms to the NFP cost accounting standards and is applicable to nonprofit institutions such as hospitals, schools and federal as well as nonfederal contractors.

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NOT51

In civil and old European law. Short-hand characters or marks of contrac- tion, in which the emperors’ secretaries took down what they dictated. Spelman; Calvin.

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NOTA

Lat. In the civil law. A mark or brand put upon a person by the law. Mackeld. Rom. Law,

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NOTARIAL

Taken by a notary; performed by a notary in his official capacity; belonging to a notary and evidencing his official character, as, a notarial seal.

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NOSTRO ACCOUNT

A foreign exchange account in a local bank in the local currency that is maintained by a foreign bank. A vostro account is the account that is applicable to local banks.

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NOSTRO-VOSTRO ACCOUNT

An arrangement between two correspondent banks that allows both banks to keep a local currency account for each other.

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NOT FOUND

These words, indorsed on a bill of indictment by a grand jury, have the same effect as the indorsement “Not a true bill” or “Ignoramus.”

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NOT GUILTY

A plea of the general issue In the actious of trespass and case and in criminal prosecutious. The form of the verdict In criminal cases, where the jury acquit the prisoner. 4 Bl. Comm. 301.

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NOT GUILTY BY STATUTE

In English practice. A plea of the general issue by a defendant in a civil action, when he intends to give special matter in evidence by virtue of some act or acts of parliament, iu which case he must add the reference to such act or acts, and state whether such acts are public or otherwise. But, if a defendant so plead, he will not be allowed to plead any other defense, without the leave of the court or a judge. Mozley & Whitley.

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