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Personal Finance Glossary

NASD NYSE Beta Index Nasdaq Composite Index National Flood Insurance Program Net Asset Value Net Change Net Profit No-Load Fund Non-Medical Insurance Nonqualified Stock Option Normal Retirement Age Number Of Shares

Nonqualified Stock Option A right issued by a corporation to an individual to buy a certain amount of shares of the corporation at a stated price within a specified period of time. Nonqualified stock options do not offer employees the tax benefits provided by incentive stock options.

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