Glossary

Negotiation

The process by which parties with differing preferences and perspectives attempt to reach an agreement on a matter of mutual interest

Net Present Value (NPV)

The difference between the present value of cash inflows and the present value of cash outflows over a period of time

Non-Disclosure Agreement (NDA)

A legal contract establishing a confidential relationship between parties to protect any type of confidential and proprietary information or trade secrets

Non-Performing Loan (NPL)

A loan in which the borrower is in default and has not made any scheduled payments of principal or interest for some time

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