The process of bargaining that precedes an agreement.
Neighborhood
A district or locality characterized by similar or compatible land uses, often with a major street for shopping or restaurants.
Neighborhood life cycle
A generalized pattern that describes the physical and social changes that residential area experience over time. This life cycle includes the phases of birth, early growth, maturity and decline. Neighborhoods decline for several reasons including the physical aging and deterioration of the building structures, as well as the aging of the population. Architectural obsolescence makes these neighborhoods less attractive and the intrusion of business or industrial area detract from the overall quality.
Neo angle base
A shower base designed to allow the shower to fit into a corner using minimal floor space while maintaining an elegant look.
Neoprene
Oil-resistant synthetic rubber product that is used to make coverings where resistance to petroleum products is needed.
Nesting
A method of reroofing with new asphalt shingles over old shingles in which the top edge of the new shingles is butted against the bottom edge of the existing shingle tab.
Net
(1) An amount that remains after a calculation where deductions are taken. (2) Commonly used to refer to profit from a venture after all expenses are deducted.
Net (lower) heating value (nhv)
The potential energy available in a fuel as received, taking into account the energy loss in evaporating and superheating the water in the fuel. Equal to the higher heating value minus 1050W where W is the weight of the water formed from the hydrogen in the fuel, and 1050 is the latent heat of vaporization of water, in BTU, at 77 degrees Fahrenheit.
Net cash flow
Income from investment property after expenses (principal, interest, taxes and insurance) are deducted.
Net energy efficiency production (or balance)
The amount of useful energy produced by a system less the amount of energy required to produce the fuel.
