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N
Net Farm Income/ Net Profit or Loss: The excess of revenues over expenses for a given period of time. If expenses exceed revenue, the difference is called net loss.
Net Worth: The net value of all assets minus the total of all liabilities of your operation.
Non-Arm’s Length: Any transactions where the parties are connected or related with each other. For example, the sale of property between a husband and wife.
Non-Cumulative Stock: That part of issued stock for which settlement has been received.
Last updated on February 17, 2015 by FCC AgExpert