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Glossary

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A B C D E F G H I J K L M

N O P Q R S T U V W X Y Z

national income ingreso nacional, revenu national

National income Aggregate income produced by the citizens of a country irrespective of whether the production takes place within or outside the country’s boundaries, as opposed to ‘‘domestic’’ income, which is produced by the inhabitants of a country within the country’s boundaries. For example, the earned income of a Belgian working in Luxembourg increases the national income of Belgium but the domestic income of Luxembourg. [ref. 8030]

See: domestic income

new entrant nuevo entrante, nouvel entrant

A person who was registered for the first time with a scheme as insured person. [ref. 8030]

newly-awarded benefits nuevas prestaciones otorgadas, prestations nouvellement accordées

Benefits that have been newly granted during the reporting year. Applied to long-term benefits, the term distinguishes benefits newly awarded during the reporting period from those granted and ongoing prior to the start of the reporting year. [ref. 6622]

non-contributory benefit prestaciones no contributivas, prestations non contributives

Entitlement to a benefit is not based on the previous payment of contributions but on other criteria. Non-contributory benefits are usually financed out of general taxation. [ref. 6622]

non-means-tested benefit prestaciones no sujetas a verificación de recursos, prestations non soumises à un examen de ressources

Benefit that is granded on the basis of contributory periods or other rights, etc.; eligibility is not dependent on an assessment of the beneficiary's means (i.e income, capital earnings...). [ref. 6622]

non-produced assets activos no producidos, [FR: nd]

Non-financial assets comprising tangible non-produced assets ( land underlying buldings and stuctures, land under cultivation, recreational and other land and associated surface water, coal, oil and natural gas and mineral and non-miniral reserves, biological and water rsources), and intengible non-produced assets (patented entities, leases and other transferable contracts, purchased goodwill and other intangible assets).  [ref. 8030]

See also: produced assets

notional defined-contribution (NDC) scheme régimen nocional de cotización definida (NCD), [FR: nd]

Non-funded scheme which uses the formula of a defined-contribution scheme as a benefit formula without accumulating the amount of reserves actually required to back up all entitlements. [ref. 8030]

numerical deductible , franchise en nombre

A benefit in which 100 per cent of health expenses are covered, minus a specified number of sessions, cases or days, the cost of which is always borne by the member.

Example: A "Hospital accommodation" benefit covers 100 per cent of expenses incurred, excluding the first day of hospitalization, which is never covered. If the patient is hospitalized for three days, the expenses corresponding to the first day are borne entirely by the member, while the second and third days are covered by the health micro-insurance scheme. [ref. 144]