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
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.
