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National Savings & Investments (NS&I)

NS&I is an agency of the government which provides savings certificates and bonds, and also runs the Premium Bond draw. Deposits with NS&I are 100% guaranteed by the government.

Negative equity

Negative equity occurs when the value of your property falls below the figure of the mortgage taken out to buy it.

Net yield

The annual return on an investment, after tax.

New issues

These are shares that are offered to the general public on the stock exchange for the first time.

New York Stock Exchange (NYSE)

The largest and oldest stock exchange in the US, located on Wall Street in New York.

Nominee account or name

If you trade shares electronically, your shares will be held by your stockbroker in a nominee name or account.

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Financial Management Bureau Ltd is a limited company registered in England and Wales. Registered office: Shenstone House, Helsington, Kendal, Cumbria LA8 8AA. Registered number: 02089786