NON-PRODUCTION COSTS

Costs such as the administration costs that are a non-contributing factor to the manufacturing cost of a product.

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NON-RECURRING COST

Costs such as initial investments, losses, moving expenses that are bound to occur only once in the usual course of operation for a business.

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NON-PRODUCTIVE TIME

Time that is not spent on the execution of a task or on manufacturing operations.

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NON-PROFESSIONAL SUBSCRIBER

A person who engages in investment activities but is not involved or affiliated to the SEC or other agencies. Also, a person who is not an investment broker, but is actively involved in investing.

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NON-PROFIT MARKETING

Slogans and other marketing tools used by nonprofit orgnizations to publicize a message and requesting volunteers to help out with the organization’s charity work. It appeals to the sentiment’s of people rather than their needs.

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NON-NEGOTIABLE

Not negotiable; not capable of passing title or property by indorsement and delivery. Non obligat lex nisi promulgata. A law is not obligatory unless it be promulgated. Non observata forma, infertur adnul- latio actus. Where form is not observed, an annulling of the act Is inferred or follows. 12 Coke, 7.

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NON-POINT SOURCE

A mobile source of pollution such as the exhaust from automobile and aircraft.

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NON-NEGOTIABLE INSTRUMENT

An instrument such as a document or a financial instrument that cannot be transferred between the holder and any other individual or institution.

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NON-OBJECTING BENEFICIAL OWNER (NOBO)

A stock owner who gives authority to the brokerage through which he holds the stock, to diclose his details to the underlying company. The company is thus able to contact him regarding meetings due to his diclosure.

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