What Is Network Marketing? Network marketing is a business model that depends on person-to-person sales by independent representatives, often working from home. A network marketing business may require you to build a network of business partners or salespeople to assist with lead generation and closing sales. There are many reputable network marketing operations, but some
What Is Net Worth? Net worth is the value of the assets a person or corporation owns, minus the liabilities they owe. It is an important metric to gauge a company’s health, providing a useful snapshot of its current financial position. Sometimes called net wealth, one’s net worth is used in the financial world to
What Is a Neural Network? A neural network is a series of algorithms that endeavors to recognize underlying relationships in a set of data through a process that mimics the way the human brain operates. In this sense, neural networks refer to systems of neurons, either organic or artificial in nature. Neural networks can adapt
What Is Neutral? Neutral describes a position taken in a market that is neither bullish nor bearish. In other words, it is insensitive to the direction of the market’s price. If an investor has a neutral opinion—believing that a security or index will neither increase nor decrease in value in the near future—they can undertake
What Is the Neutrality of Money? The neutrality of money, also called neutral money, is an economic theory stating that changes in the money supply only affect nominal variables and not real variables. In other words, the amount of money printed by the Federal Reserve (Fed) and central banks can impact prices and wages but
What is a Nevada Corporation? A Nevada corporation is a business incorporated in the state of Nevada, a state known to be business-friendly through its tax and corporate law statutes. Companies that incorporate in Nevada have several distinct advantages, including no state income tax, no franchise taxes, no personal income taxes, and no inheritance taxes.
What Is a New Fund Offer (NFO)? A new fund offer (NFO) is the first subscription offering for any new fund offered by an investment company. A new fund offer occurs when a fund is launched, allowing the firm to raise capital for purchasing securities. Mutual funds are one of the most common new fund offerings marketed by an
What Is a New Balance? In consumer finance, the term “new balance” refers to the amount owed by a credit card holder at the end of their billing cycle. The new balance is the sum of the previous balance and the payments made during the billing cycle, as well as any credit, purchases, balance transfers
What Was the New Deal? The New Deal was a comprehensive and broad set of government-directed projects introduced by President Franklin Delano Roosevelt in an attempt to help the United States economy emerge from the Great Depression. It launched in the early 1930s and was designed to bolster the United States economy, reduce unemployment, provide
What Is the New Economy? New economy is a buzzword to describe new, high-growth industries that are on the cutting edge of technology and are believed to be the driving force of economic growth and productivity. A new economy was first declared in the late 1990s as hi-tech tools, particularly the Internet and increasingly powerful
