New old stock, also backronymed as "new on the shelf" or "new off the shelf," refers to obsolete equipment, or original parts for obsolete equipment, that have never been sold at retail. The term refers to merchandise being offered for sale which was manufactured long ago but that has never been used.
What does new old stock stand for?
New old stock, also backronymed as "new on the shelf" or "new off the shelf," refers to obsolete equipment, or original parts for obsolete equipment, that have never been sold at retail. The term refers to merchandise being offered for sale which was manufactured long ago but that has never been used.
What to do with "old" GM stock?
- Investors in the company formerly known as General Motors have seen value of holding vanish
- Shares of the new GM have performed better%2C holding just below the IPO price
- Holding onto shares of companies as they careen into bankruptcy protection is rarely a good idea
What is the oldest stock on the NYSE?
Till 1992, the Bombay Stock Exchange (BSE) set up in 1875 as The Native Share and Stock Brokers Association was the undisputed stock trading centre of the country. But the BSE was just what it had been originally named, a closed club of powerful brokers who between them controlled trading in the country.
What is the worlds oldest stock exchange?
Where is the World’s Oldest Stock Exchange?
- Amsterdam. The oldest stock exchange in the world — and the virtual model for stock investment that still exists today — began in the Netherlands in 1602.
- Paris. Paris Bourse, the second oldest stock exchange in the world, was officially approved by the Royal Council of State in 1724.
- Philadelphia. ...
- New York. ...
- London. ...
- Milan. ...
- Frankfurt. ...
- Madrid. ...
- Toronto. ...
- Bombay. ...
What does original stock mean?
Original Stock means the common stock of the entity that is the Issuer immediately prior to the Spinoff and "Spinoff Stock" shall mean the common equity securities of the Publicly-Traded Entity resulting from such Spinoff.
What does Nos mean in retail?
New Old StockIn order for a watch to be legitimately considered New Old Stock it must, by definition, never have been sold at retail. If you're buying something that's labeled NOS, then you have to be the first individual consumer to have bought it.
What does VTG Nos mean?
Jeffrey. The term “New Old Stock” or N.O.S. is commonly used by resellers to describe an older product, in perfect condition, with original tags or original packaging. If you're not familiar with vintage clothing or antiques, then the term can be a little misleading.
What does NFS mean in trading?
These stand for “For Sale” and “Not For Sale“, respectively.
What is new old stock guitar?
New-Old Stock are brand new instruments with full factory warranty. NOS instruments can range from instruments with previous year's specs. To simplify, a lonely guitar that's yet to be adopted.
What does F's mean on eBay?
Decipher Title AcronymsAcronymMeaningEXExcellent condition (see Table 2-2)FSFree ShippingFSBFactory Sealed BoxG1 / 1GFirst Generation (or 2G / G2 for Second Generation, and so on)26 more rows
What does Nwts mean on eBay?
3 minutes read. NWT stands for 'New With Tags' and NWOT stands for 'New Without Tags'. These abbreviations are mostly used on eBay, which is a website for sale and purchase of goods. People who often do online shopping and come across terms like NWT and NWOT, they might be very confused as to what these mean.
What does NIB mean on eBay?
I purchased a Samsung S6 cell phone from an eBay Seller. It was listed as "NIB (New In Box) and Sealed".
What does "new old stock" mean?
Old stock of merchandise that was never sold to a customer, but still new in original packaging. New old stock ( NOS ), or old stock for short, refers to aged stock of merchandise that was never sold to a customer, but still new in original packaging. Such merchandise may not be manufactured anymore, and the new old stock may represent ...
What is NOS in automotive?
Another definition of NOS is new original stock, meaning that they are original equipment parts that remained in inventory for a use that never came. Automobile dealers and parts companies often sell such slow-moving stock at a discount.
Is "old stock" an accounting term?
Such merchandise may not be manufactured anymore, and the new old stock may represent the only current source of a particular item. Although not an officially recognized accounting term, it is in common use in the auction and retail industries.
Bassamatic keepin' the beat since the 60's
I have a friend with a guitar shop that is clearing out some old inventory, mostly high end acoustic guitars, from the warehouse. All are brand new but several years old.
B-Mac Just like Aretha Sang... R-E-S-P-E-C-T Supporting Member
I have a friend with a guitar shop that is clearing out some old inventory, mostly high end acoustic guitars, from the warehouse. All are brand new but several years old.
DirtDog
The way he’s describing them as “brand new 20xx” is the working definition of NOS.
tb-player Supporting Member
To me, NOS isn’t as appealing as simply saying Brand New and including the year.
abarson
If that person were my friend, I'd allow them to advertise as they choose, after all it's their own incentive to sell them, not yours.
JeezyMcNuggles
I have a friend with a guitar shop that is clearing out some old inventory, mostly high end acoustic guitars, from the warehouse. All are brand new but several years old.
kleinenenten
Depends on the situation. For components, I find NOS worrisome. With cap and component leakage, older components can be problematic. In the scope of an entire instrument, it just means it didn’t sell. Depending on changes that were made to various models, I may prefer older versions of a guitar/bass.
What is the difference between old economy and new economy?
Old economy stocks were central to the success of the Industrial Revolution in the early twentieth century and have matured through many market cycles to become mature businesses focused on high-scale production. New economy stocks are part of the technology revolution taking shape in the twenty-first century as growth is centered ...
What are some old economy stocks?
Some of the most notable old economy stocks include names like Ford (F), Caterpillar (CAT), 3M (MMM) and Procter & Gamble (PG). These old economy companies' business activities dominated the economic landscape before the dotcom era of the late 1990s ushered in an entire industry of new, high-growth companies.
What was the Industrial Revolution?
The Industrial Revolution was a time of innovation for the development and manufacturing efficiency of products. As such, old economy stocks were the market’s top leaders, growing throughout the years to build out the foundations of the industrial and manufactured goods sectors. Within these sectors, investors will now find large, mature, ...
Why is it important to distinguish between old economy and new economy stocks?
It can be important for an investor to distinguish between old economy and new economy stocks since the two have very different attributes, risk profiles, and return potentials . In general, when making portfolio decisions, old economy and new economy stocks will usually filter into either the value or growth category.
What is the new economy?
Old economy is used to describe the economic era of the early parts of the twentieth century when industrial innovation was expanding in the U.S. and around the world. Comparatively, the new economy refers to the high-growth innovation of the twenty-first century which has been substantially focused around ...
Do new economy growth stocks have higher betas?
In general , investors are willing to pay much more per dollar of earnings for new economy growth stocks. Most new economy growth stocks will have higher betas which show their higher risks in comparison to the market. With the higher beta, investors have the opportunity to gain more than the market on uptrends.
Who is Brian Beers?
Brian Beers is a digital editor, writer, Emmy-nominated producer, and content expert with 15+ years of experience writing about corporate finance & accounting, fundamental analysis, and investing. Old Economy vs. New Economy Stocks: An Overview. Old economy is used to describe the economic era of the early parts of the twentieth century ...
