National Market System (NMS)

Business / Finance / National Market System (NMS): Refers to over-the-counter trading. System of trading OTC stocks under the sponsorship of the NASD. Must meet certain criteria for size, profitability and trading activity. More comprehensive information is available for N.M.S. stocks than for non-N.M.S. stocks traded OTC (high, low, and last-sale prices, cumulative volume figures, and bid and ask quotations throughout the day). This is due to the fact that market makers must report the actual price and number of shares in each transaction within 90 seconds verses nonreal-time reporting for non-NMS stocks (thus, last sale prices and minute-to-minute volume updates are not possible).

Other Words for Market

Market Adjective Synonyms: shop, store, bazaar, supermarket, superstore
Market Noun Synonyms: demand, customer base, call
Market Verb Synonyms: market-place, exchange, Stock Exchange
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Other Words for National

National Adjective Synonyms: nationwide, country-wide, state, governmental, civil, public, popular, federal
National Noun Synonyms: nationalistic, nationalist, patriotic, jingoistic, chauvinistic
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Other Words for System

System Adjective Synonyms: organized whole, organization, set, group, combination, structure, arrangement, pattern, set-up
System Noun Synonyms: scheme, method, approach, modus operandi, way, procedure, methodology, technique, plan, process, practice, routine
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National Credit Union Administration (NCUA)

Business / Accounting / National Credit Union Administration (NCUA): A federal agency that charters and oversees federal credit unions. The NCUA insures deposits at federal credit unions and at some state credit unions against certain losses. MORE

National Debt

Business / Debt / National Debt: The total debt accumulated by a government through the issue of government bonds, Treasury bills and Treasury notes. The government has to pay interest on its borrowings, and this obligation is one of MORE

National Drought Policy Commission

Business / Agriculture / National Drought Policy Commission: P.L. 105-199 (July 16, 1998), the National Drought Policy Act, authorized creation of the Commission to conduct a study of current federal, state, local and tribal drought preparedness, and review law MORE

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