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Neuroeconomics is a science that links economics, psychology and neuroscience to get a better understanding of economic decision-making in different economic climates and situations.

A natural hedge is risk reduction by means of using the institutions which are exposed to large swings in exchange rates by exploiting their normal operating procedures. This includes receiving income in another country and currency while incurring expenses in that same currency.

Net loss can occur when losses exceed the profits and the gains for a certain period of time. Those businesses that go through net loss do not necessarily go bankrupt as they can use their retained earnings or loans in order to stay afloat.

Nearby month is a month close to the delivery or expiration of the futures. The contract for the nearby month is usually the shortest one that investor can buy. Nearby month is also distinguished with the most activity in them.

Noise trader is a trader who prefers not to rely on the technical analysis and professional advice. Instead they prefer trading impulsively and on a whim. Traders like that make decision based on the overall situation without giving into the details. They rely on trends and tend to sell and buy based on the news they read.

Naked writer is the options seller who doesn’t have the underlying security and who doesn’t short it. to put it short – a naked writer is an unhedged options writer. These options in their turn are called naked options.

Naked position is the position of long or short security that is sheltered from the market risks. Is means that the risk of the profit or failure is much greater than that of the hedged security.

NOK serves as the abbreviation for the Norwegian krone on foreign exchange markets. Norges Bank, the central bank of Norway, regulates the supply of the Norwegian krone through its economic policies. A total of seven series of banknotes have been issued by Norges Bank with an eighth series slated to appear in the second quarter of 2017.