What does NOF mean in Accounting?
This page is about the meanings of the acronym/abbreviation/shorthand NOF in the Business field in general and in the Accounting terminology in particular.
Net Owned Fund
Net owned funds mean:Add the following --Paid up capital+Reserve and Surplus(excluding revaluation reserve)+Long term liablities (to be paid after one year)Deduct the following --Trading investment-Fictititous assests (as preliminary exp., debit bal of P & L) Generally meaning of Net owned fund varies according to the act, regulation since the law itself provides the specific meaning of Net owned fund.
Submitted by WerterBuch on April 26, 2014
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Definition
What does NOF mean?
- Nof
- not of; nor of
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How popular is NOF among other acronyms?
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"NOF." Abbreviations.com. STANDS4 LLC, 2024. Web. 29 Apr. 2024. <https://www.abbreviations.com/term/1499068>.
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