What Is a Noninterest Expense? A noninterest expense is an operating expense of a bank or financial institution that is classified separately from interest expense and provision for credit losses. Examples of noninterest expenses include: Employee salaries, bonuses, and benefits Equipment rental or leasing Information technology (IT) costs Rent, telecommunication services, taxes, professional services, and
What Is a Non-Issuer Transaction? A non-issuer transaction is a transaction involving a security that is not directly or indirectly executed for the benefit of the issuing company. Most deals that occur on the secondary market, such as stock exchanges, involve non-issuer transactions; secondary offerings; or share buybacks that will involve the issuer. Key Takeaways A non-issuer
Nonlinear regression is a form of regression analysis in which data is fit to a model and then expressed as a mathematical function. Simple linear regression relates two variables (X and Y) with a straight line (y = mx + b), while nonlinear regression relates the two variables in a nonlinear (curved) relationship. The goal of the
What Are Non-Member Banks? Non-member banks are banks that are not members of the U.S. Federal Reserve System. As with member banks, non-member banks are subject to reserve requirements, which they have to maintain by placing a percentage of their deposits at a Federal Reserve Bank. Although non-member banks are not required to purchase stock
What Are Nonmonetary Assets? Nonmonetary assets are items a company holds for which it is not possible to precisely determine a dollar value. These are assets whose dollar value may fluctuate substantially over time. A company may need to change its nonmonetary assets as the assets wear out or become obsolete. An example of this
What Is a Non-Operating Asset? A non-operating asset is a class of assets that are not essential to the ongoing operations of a business but may still generate income or provide a return on investment (ROI). These assets are listed on a company’s balance sheet along with its operating assets, and they may or may
What Is Non-Operating Cash Flow? Non-operating cash flow is a key metric in fundamental analysis that is comprised of cash inflows (that a company takes in) and cash outflows (that a company pays out), which are not related to a company’s operating activities. Instead, these sources and uses of cash are associated with a company’s investing
What Is Non-Operating Income? Non-operating income is the portion of an organization’s income that is derived from activities not related to its core business operations. It can include items such as dividend income, profits, or losses from investments, as well as gains or losses incurred by foreign exchange and asset write-downs. Non-operating income is also referred to
What Is Non-Owner Occupied? Non-owner occupied is a classification used in mortgage origination, risk-based pricing, and housing statistics for one- to four-unit investment properties. The classification means that the owner does not occupy the property. The term is not typically used for multifamily rental properties, such as apartment buildings. Key Takeaways Non-owner occupied is a
What Are Nonpassive Income and Losses? Nonpassive income and losses constitute any income or losses that cannot be classified as passive. Nonpassive income includes any active income, such as wages, business income, or investment income. Nonpassive losses include losses incurred in the active management of a business. Nonpassive income and losses are usually declarable and
