What Is New Growth Theory? The new growth theory is an economic concept, positing that humans’ desires and unlimited wants foster ever-increasing productivity and economic growth. It argues that real gross domestic product (GDP) per person will perpetually increase because of people’s pursuit of profits. Key Takeaways The new growth theory presumes the desire and wants of the
What Are New Indications? New indications is a term pharmaceutical companies use to refer to new evidence signifying that there may be new applications for an existing drug or procedure. This type of news is closely followed by investors, who can access such findings through the press releases issued on companies’ investor relations pages. Key
What Is a New Issue? A new issue refers to a stock or bond offering that is made for the first time. Most new issues come from privately held companies that become public, presenting investors with new opportunities. The typical route for a new issue via a stock offering is known as an initial public
What Is the NEX? NEX is a separate board on the TSX Venture stock exchange that provides a unique trading forum for listed companies that no longer meet the TSX Venture’s ongoing listing standards. The NEX is designed for companies that have low levels of business activity or have ceased to carry on active business.
DEFINITION of Next-Day Funds In banking, next-day funds are money that becomes available for use on the next business day following the day it is deposited. In investing, next-day funds are available the business day following a trade; however, most trades have used same-day funds settlement since 1996, based on the Group of 30’s recommendations
What Is Next Eleven? The next eleven, also known as N-11, are the eleven countries that are poised to become the biggest economies in the world in the 21st century, after the BRIC countries. The N-11 was chosen by Goldman Sachs Group, Inc in a 2005 paper exploring the potential of BRIC and the N-11. The next
What Is Next Generation Fixed Income (NGFI)? Next generation fixed income (NGFI) is an innovative approach to investing in which a portfolio manager actively exploits all factors of return across a range of fixed income strategies, from traditional, benchmark-oriented approaches to alternative tactics such as hedge funds and fully unconstrained strategies. Key Takeaways Next generation
What (and Who) Is Next of Kin? The term next of kin usually refers to a person’s closest living relative(s). Individuals who count as next of kin include those with a blood relation, such as children, or those with a legal standing, such as spouses or adopted children. A person’s next of kin often takes
What Is NEXUS? NEXUS is a government-sponsored Trusted Travelers Program that allows pre-screened U.S. and Canadian citizens to expedite border crossings. U.S. and Canadian citizens using NEXUS experience expedited border crossings into the United States and Canada with less immigration and customs questioning. NEXUS is valid for air, land, and sea travel, and a NEXUS
What Is Net Investment? Net investment is the total amount of money that a company spends on capital assets, minus the cost of the depreciation of those assets. This figure provides a sense of the real expenditure on durable goods such as plants, equipment, and software that are being used in the company’s operations. Key
