Trading glossary

Nakamoto Consensus Nakamoto Consensus Definition: Nakamoto consensus is the agreement mechanism introduced in the Bitcoin whitepaper in 2008, in which an open, permissionless set of participants competes to produce t... Naked Option Naked Option Definition: A Naked Option (or uncovered option) is an options strategy where a trader sells (writes) a call or put without owning the underlying asset or holding offsetting positions ... Nasdaq 100 Nasdaq 100 Definition: The Nasdaq 100 is a stock market index tracking the 100 largest non-financial companies listed on the Nasdaq Stock Exchange, weighted by modified market capitalization. The i... Natural Gas Natural Gas Definition: Natural gas is a fossil fuel made mostly of methane that is burned for heating, electricity generation and industrial processes. In the United States it is priced through NY... NEAR Protocol (NEAR) NEAR Protocol Definition: NEAR is a Layer 1 blockchain emphasizing developer experience and scalability through sharding. NEAR uses a consensus mechanism combining Proof-of-Stake with a technique c... Net Asset Value (NAV) Net Asset Value (NAV) Definition: Net asset value is the per-share value of a fund, calculated by subtracting its liabilities from the market value of its assets and dividing the result by the numb... Net Profit Net Profit Definition: Net profit (also called net income, bottom line, or earnings) is what remains from a company's revenue after all expenses have been deducted — including cost of goods sold, o... New York Session New York Session Definition: The New York session is the American trading window of the 24-hour forex market, running from about 08:00 to 17:00 New York time, when US banks, funds and corporations ... NFT (Non-Fungible Token) NFT (Non-Fungible Token) Definition: An NFT is a unique cryptographic token stored on a blockchain that represents ownership of a specific digital or physical asset, with each token possessing dist... NFT Floor Price NFT Floor Price Definition: The NFT floor price is the lowest price at which any item in an NFT collection is listed for sale. If 10,000 items exist and the cheapest one is offered at 2 ETH, the fl... NFT Minting NFT Minting Definition: NFT minting is the process of creating a new non-fungible token on a blockchain by calling a function in a smart contract. The transaction assigns the token a unique ID, rec... Nikkei 225 Nikkei 225 Definition: The Nikkei 225, often called the Nikkei or Nikkei Average, is Japan's most-watched stock market index, tracking 225 large-cap Japanese companies listed on the Tokyo Stock Exc... Node Node Definition: A node is any computer that participates in a blockchain network by maintaining a copy of the blockchain's data and communicating with other participants according to the network's... Non-Farm Payrolls (NFP) Non-Farm Payrolls (NFP) Definition: Non-Farm Payrolls (NFP) is the monthly change in the number of paid workers in the US economy, excluding farm workers, private household employees and the self-e... Nonce Nonce Definition: A nonce (number used once) is a variable field in a blockchain block header that miners repeatedly increment when searching for a valid proof-of-work hash. The miner's goal is to ... NPL (Non-Performing Loan) NPL (Non-Performing Loan) Definition: A non-performing loan (NPL) is a bank loan where the borrower has failed to make scheduled interest or principal payments for a defined period — typically 90 d...