Category: N

A failure of appearance ; the omission of the defendant to appear within the time limited.

holds only In the name or for the benefit of another, whose name he discloses by the plea, in order that the plaintiff may bring his action against such other. See Mackeld. Bom. Law,

Not admitting of bail; not requiring bail.

Often a budget for a onetime project, such as the recruitment of staff on a temporary basis, or a special project, that is assigned to a department in a company as a nonrecurring fund.

Days such as public holidays or the weekend when business transactions do not take place. If a contract is due on a non-business day, it is usually processed on the first business day thereafter. In addition, Non-business days are not taken into account while computing days of grace that is included in an insurance policy

A type of financial equity that requires the payment of a penalty if it is redeemed before the maturity date. This protects the holder from the income loss that is caused by premature redemption. As such, the non-callability applies to new bonds for a few years after they are issued

A bond that cannot be cashed in early. It can only be called upon maturation date.

Occurs when the expenses of a business are greater than the income for a financial period.

Expenses such as amortization and depreciation that do not involve cash transactions, yet show up on an income statement.

A company that is no longer trading, albeit on a temporary basis