Category: N

Computer memory that is not dependent on power. This includes CD’s and DVD’s, tapes, etc. In contrast, volatile memory devices such as the silicon random access memory (RAM) lose memory upon a loss of power.

Stock that cannot be converted into voting stock.

Rejection by a drawee due to a failure to honor the instrument of negotiation (a bill of exchange)

An understanding or arrangment between the employer and employee that accounts for the reimbursement of employee expenses unrelated to the business. It also refers to reimbursements that were not requested within the deadline. In addition, this plan may also alleviate the burden on the employee of returning the excess reimbursement to the employer

Disqualified assets such as furniture or fixtures, that cannot be listed on insurance statements due to a failure to meet state requirement

Errors which are caused by a lack in the clarity of data, inaccurate sampling methods, or failure to meet specifications. Poorly designed surveys, unprofessional selection of procedures and improper allocation of samples also result in non-sampling error.

As “sane,” when applied to the mind, means whole, sound, in a health- ful state, “non-sane” must mean not whole, not sound, not in a healthful state; that is, broken, impaired, shattered, infirm, weak, diseased, unable, either from nature or acci- dent, to perform the rational functions common to man upon the objects presented to it. Den v. Vancleve, 5 N. J. Law, 589, 061.

A government owned firm or municipality without the guarantee of government backing on obligations.

Transaction specific cost elements that increase the cost estimates on a casebycase basis.

A continuous flight journey between the point of embarkation and the point of disembarkation.