Net national product
Net national productGross national product minus depreciation. This is the most complete measure of productive activity by a country's nationals, though its accuracy suffers from the difficulty of measuring depreciation.
Morgan Stanley Capital International Europe IndexMorgan Stanley Capital International Europe Index
A market capitalization-weighted benchmark index made up of equities from 15 European countries. France, Germany, and the United Kingdom represent about two-thirds of the index.
International Finance Corporation (IFC)International Finance Corporation (IFC)
A corporation owned by the World Bank that produces a number of well-known stock indexes for emerging markets. Its major role is to provide financing for projects in less developed countries.
National Insurance Pension (State Pension)National Insurance Pension (State Pension)
Regular income from the state paid to retired people who have made contributions during their life. In the UK, the retirement age for men is 65 and for women is 60.To qualify individuals must have made full National Insurance (NI) contributions. Men must have worked for 44 years and women for 39 years, or have received a special waiver such as invalid care allowance.In April 1978 the government introduced another pensions scheme (the State Earnings Related Pensions Scheme or SERPS) to provide a pension related to the earnings of employed people only. SERPS was replaced by the Second State Pension or S2P in April 2002.Employees make payments to S2P and the NI Basic Pension by way of Class 1 National Insurance (NI) contributions. (Employers also pay Class 1 contributions on all the employee's earnings). Employees may elect to contract out of S2P and pay Class 1 contributions via a rebate which may be invested in an occupational pension or a personal pension plan.There are two main pensions: the NI Basic Pension and S2P. There is also an additional benefit, the Graduated Pension or Graduated Retirement Benefit. This was a state scheme which existed between April 1961 and April 1975 for people earning over £9 per week. People who were employees during any part of this period and who paid Graduated NI Contributions will receive a Graduated Retirement Benefit. Women over 60 and men over 65 can if they wish continue in employment even when they are receiving the NI Pension.
International Fisher effectInternational Fisher effect
States that the interest rate differential between two countries should be an unbiased predictor of the future change in the spot rate.
National SavingsNational Savings
A variety of savings schemes, backed by the government, in which the public can participate. National Savings publishes a booklet entitled 'Investor's Guide' which describes in detail how it operates and the products it offers. The savings schemes currently include:Capital BondsIncome BondsFirst Option BondsPensioners BondsChildren's Bonus BondsInvestment AccountOrdinary AccountFixed Interest Savings CertificatesIndex Linked Savings CertificatesPremium Bonds
Further SuggestionsStock Exchange Automated Quotation (SEAQ) International
International Chamber of Commerce (ICC)
International Stock Exchange of the UK and the Republic of Ireland (ISE)
National Futures Association
International mutual fund
Federal National Mortgage Association
National Credit Union Administration
Federal National Mortgage Association (FannieMae)
National Association of Investors Corporation
Ministry of International Trade and Industry
International Swap Dealers Association (ISDA)
National Market Advisory Board
International monetary system
Bank for International Settlements
National Stock Exchange (NSE)
International Development Association (IDA)
International Securities Identification Number
National Quotation Bureau
National Association of Securities Dealers Automatic Quotation System (Nasdaq)
Domestic International Sales Corporation (DISC)
International Standards Organization