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Topic: Finance

nonreturnable

IPA: /nɒnˈrɪtɜrnəbl/

KK: /nɑnˈrɪtɜrnəbl/

adjective

Definition: Describing items that cannot be returned or exchanged after purchase.

Example: The store has a policy that all sale items are nonreturnable.

nonsalable

IPA: /nɒnˈseɪbəl/

KK: /nɑnˈseɪbəl/

adjective

Definition: This word describes something that cannot be sold or is not suitable for sale.

Example: The outdated products were deemed nonsalable and were removed from the store.

nonsubsidized

IPA: /nɒnˈsʌb.sɪ.daɪzd/

KK: /nɑnˈsʌb.sɪ.daɪzd/

adjective

Definition: Not receiving financial support or assistance from the government or other organizations.

Example: The company decided to operate in a nonsubsidized manner to maintain independence.

nontariff

IPA: /nɒnˈtærɪf/

KK: /nɑnˈtærɪf/

adjective

Definition: Referring to measures or regulations that do not involve tariffs, often used in the context of international trade to describe barriers that are not based on taxes on imports or exports.

Example: Countries may impose nontariff barriers to protect their local industries from foreign competition.

nontax

IPA: /nɒnˈtæks/

KK: /nɑnˈtæks/

noun

Definition: A fee or charge that is not classified as a tax.

Example: The government introduced a nontax to fund public services without raising taxes.

nontaxable

IPA: /nɒnˈtæksəbl/

KK: /nɑnˈtæksəbl/

adjective

Definition: Not subject to taxation or not required to pay taxes.

Example: Certain types of income, like gifts, can be considered nontaxable.

nontransferable

IPA: //nɒntrænsˈfɜːrəbl//

KK: /nɑntrænsˈfɜrəbəl/

adjective

Definition: This word describes something that cannot be moved or given to someone else.

Example: The ticket is nontransferable, so only the person who bought it can use it.

nonutility

IPA: /nɒnˈjuːtɪlɪti/

KK: /nɑnˈjuːtɪlɪti/

noun

Definition: A company or organization that does not provide essential services like water, electricity, or gas.

Example: The nonutility sector is growing rapidly as more companies enter the market.

nonwage

IPA: /nɒnweɪdʒ/

KK: /nɑnweɪdʒ/

adjective

Definition: Referring to benefits or compensation that are not in the form of wages or salary.

Example: Many employees receive nonwage benefits such as health insurance and retirement plans.

novate

IPA: /noʊˈveɪt/

KK: /nəʊˈveɪt/

verb

Definition: To replace an existing obligation or contract with a new one, transferring the rights and responsibilities to a new party.

Example: The company decided to novate the contract to a different supplier to improve efficiency.

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