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 it in stock mean?
Available for sale orAvailable for sale or use, on hand, as in We have several dozen tires in stock. The antonym, out of stock, means “not available for sale,” usually only temporarily.
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 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 is NOS stand for?
Slang / Jargon (7) Acronym. Definition. NOS. Not Otherwise Specified.
What are the 4 types of stocks?
Here are four types of stocks that every savvy investor should own for a balanced hand.Growth stocks. These are the shares you buy for capital growth, rather than dividends. ... Dividend aka yield stocks. ... New issues. ... Defensive stocks. ... Strategy or Stock Picking?
What is called a stock?
Definition: A stock is a general term used to describe the ownership certificates of any company. A share, on the other hand, refers to the stock certificate of a particular company. Holding a particular company's share makes you a shareholder. Description: Stocks are of two types—common and preferred.
What is a stock example?
Stock means a share in the ownership of a company. An example of stock is 100 shares of Disney Corporation.
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 is vintage deadstock?
Deadstock usually retains its original tags and stickers - this is because it went untouched by the public. It was never sold, so it's in its original back-of-store condition. Deadstock vintage is NEW, but that doesn't always mean wearable. Very often vintage items deteriorate due to heat, cold, or bugs.
What does Nwts mean on eBay?
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 is a new old stock?
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.
When new old stock items are suitable for resale (e.g. in-demand), we have?
When new old stock items are suitable for resale (e.g. in-demand), we have to evaluate the condition objectively, not call them “new” and leave it at that.
What does it mean to buy from an experienced reseller?
Buying from an experienced reseller means you get brand new when new is expected, and if the item has spent a few decades in Grandma’s attic, you can trust that will be disclosed as well.
Is the value of a new old stock item dependent on how that item was stored?
The value of a new old stock item is highly dependent on how that item was stored. And the question of proper storage comes back to the owner and their reasons for storing away merchandise instead of using it.
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.
Is Gibson a new stock guitar?
That Gibson might be a fine guitar but it is not 'new, old stock'. It's used. It's only new if it has never been sold at retail.
Is NOS better than new?
omeagerman wrote: Usually sold at a significant discount as well, which means a new guitar at or close to a secondhand price. I believe NOS to be better than new in many respects: the build has stabilized, the wood has aged, the lacquer has fully hardened etc.
What does "nos" mean in coins?
When dealers use NOS to indicate condition, what they mean is that it’s mint – that is: in the original condition it was in when it left the factory or workshop. Mint comes from coin collecting, as in, “It hasn’t been touched since it left the mint.” So mint condition makes the most sense when indicating truly perfect all-original condition. (Though even mint has been lifted from its original context and is used by analogy for objects other than coins.)
Is a watch considered new stock?
In 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. Period. If old stock is changing hands between retailers, or even being distributed from a warehouse to a retailer long after it was produced, it is still “stock.” It’s also “new” in the sense of not having been sold before, and it’s “old” because it’s sat around a while.
Is old stock still stock?
If old stock is changing hands between retailers, or even being distributed from a warehouse to a retailer long after it was produced, it is still “stock.”. It’s also “new” in the sense of not having been sold before, and it’s “old” because it’s sat around a while.
