Overdraw: To enter a seek additional money than you have got during the your bank account
Federal Borrowing from the bank Union Administration (NCUA): New separate government institution one to regulates, charters, and supervises government deposits of greater than ninety-five mil customers in all government borrowing unions and in new overwhelming most of state-chartered credit unions.
Federal Borrowing from the bank Partnership Share Insurance Funds (NCUSIF): An amount of money credit unions booked by law to help you insure their members’ currency up against losses. The brand new NCUSIF covers savings to $250,000 for every account at all credit unions which have federal charters and very which have county charters.
Net income: 1. For folks, the overall income view publisher site without the expected and you will recommended payroll deductionsmonly known since “take-house spend.” 2. Having businesses, gross income (def. 2) without various other expenses.
Net profit margin: The internet money regarding a family given that a percentage of its sales or funds. In the event that a family possess sales otherwise revenue regarding $2.5 mil and you can net gain from $350,000, its web profit return was 350,000 divided of the 2,five hundred,000, otherwise fourteen%. So it proportion procedures good business’s operating abilities (simply how much of their revenue they uses into expenses), the rates method (just how high over the will cost you can the company price its products), while the quantity of finances for every selling it generates.
Ny Stock exchange (NYSE): The fresh eldest and you may largest U.S. stock exchange. Designed inside the 1792, new NYSE set principles, supervises member situations, lists NASDAQ.
Nonsufficient finance: The matter the place you don’t have enough money in to your checking account to pay off somebody you typed a check so you’re able to.More