Definition: A person or entity that does not purchase goods or services from a business.

Example: The company is trying to convert noncustomers into loyal clients.

Definition: Not occurring in cycles or patterns; not subject to regular fluctuations.

Example: The company's revenue is considered noncyclical, as it remains stable regardless of economic conditions.

Definition: This term describes expenses that cannot be subtracted from taxable income when calculating taxes.

Example: The new tax law made many business expenses nondeductible, increasing the overall tax burden for companies.

Definition: A situation where something that was supposed to be delivered is not delivered.

Example: The company faced penalties due to nondelivery of the goods.

Definition: This term describes something that is not eligible for a reduction in price or is not offered at a lower price than usual.

Example: The store has a nondiscount policy for certain premium items.

Definition: Not varied or mixed; lacking in diversity or variety.

Example: The company's investments are nondiversified, focusing only on one industry.

Definition: Not lasting for a long time; items that are used up quickly or have a short lifespan.

Example: Nondurable goods like food and paper products need to be replaced often.

Definition: An item that is not meant to last a long time and is often used up quickly, like food or paper products.

Example: Many people prefer to buy nondurables because they are often cheaper and easier to use.

Definition: Not making money or income.

Example: The nonearning investments did not contribute to the company's profits.

Definition: This word describes something that does not relate to economics or has no economic significance.

Example: The project focused on noneconomic factors such as community well-being and environmental impact.

Definition: A person who does not have expertise or training in economics.

Example: As a noneconomist, she found the financial report difficult to understand.