no-load fund: mutual fund that doesn't charge a com-
mission.
nonprice competition: methods other than selling-
price changes used by firms to compete with one another.
nonprofit corporations: or simply nonprofits.
Organizations that don't exist to make a profit. Usually, the
groups are dedicated to charitable or educational efforts;
they are, therefore, exempted from income taxes.
note receivable: what you put on the books if you're
owed money by someone who has signed a promissory
note, which states you will be paid a certain amount by a
certain time.
notes payable: short-term loans owed by the
corporation.
