Glossary of Financial Terms

N

N.S.F. Cheque

A cheque drawn against and account in which there are "Not Sufficient Funds" to honour that cheque.

· See Also · Bounced Cheque

Nominee Company

A company fomed for the specific purpose of owning the shares or stocks of the beneficial owners.

· See Also · Nominee Name

Nominee Name

The name of a company fomed for the specific purpose of owning the shares or stocks of the beneficial owners.

· See Also · Nominee Company

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