Your All-in-One Canadian Financial Dictionary

Net earnings or pay

Your take-home pay, what’s left after taxes and deductions are removed from your income.

Non-redeemable investment

An investment you can’t cash out early. Your money stays locked in until the term ends.

Non-registered investment

An investment account that doesn’t have tax advantages, meaning you pay tax on any gains or income you earn.

Non-Sufficient Funds (NSF)

A fee charged when you don’t have enough money in your account to cover a payment.

Notice of Assessment

A summary from the Canada Revenue Agency after you file your taxes. It shows what you owe, what you’re getting back, and your updated tax details.