A debt where the person borrowing is not personally liable. The security is in the property purchased with the debt proceeds and which can be repossessed if the debt is not paid in a timely fashion. … [Read more...]
NONRECURRING
One time and not repeating or recurring. Usually referring to a charge that occurs only once, such as at the beginning of a series of transactions, e.g. a set up fee. … [Read more...]
NONREFUNDABLE
Where an item purchased, such as many airline tickets, do not permit a refund upon request of the purchaser should the purchaser decide later that he or she wishes not to use the ticket. … [Read more...]
NONNA
In old ecclesiastical law. A nun. Nonnus, a monk. Spelman. … [Read more...]
NON-RESIDENCE
Residence beyond the limits of the particular jurisdiction. In ecclesiastieal law. The absence of spiritual persons from their benefices. … [Read more...]