Foods For Trade
Food Industry Definitions

Click on the letter below to view a list of all terms in the glossary beginning with that letter.
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


NACDSNational Association of Chain Drug Stores.
NACSNational Association of Convenience Stores.
NASFTNational Association for the Specialty Food Trade.
National Association. for the Specialty Food Trade (NASFT)8 W. 40th St. New York, NY 10018 (212) 921-1690
National Association of Wholesale -Distributors (NAWD)1725 K St., N.W., Suite 710 Washington, DC 20006 (202) 872-0885
national brandA product distributed and sold nationwide. Usually nationally advertised with strong customer loyalty.
National Broiler Council1155 15th St., N.W. Washington, DC 20005 (202) 296-2622
National Fisheries Institute (NFI)1525 Wilson Blvd., Suite 500 Arlington, VA 22209 (703) 524-8880
National Food Brokers Association (NFBA)1010 Massachusetts Ave., N.W. Washington, DC 20001 (202) 789-2844
National Food Processors Association (NFPA)1401 New York Ave., N.W. Washington, DC 20005 (202) 639-5900
National Frozen Food Association Inc. (NFFA)P.O. Box 6069 4755 Linglestown Rd., #300 Harrisburg, PA 17112 (717) 657-8601
National Grocers Association (NGA)1825 Samuel Morse Dr. Reston, VA 22090 (703) 437-5300
National Livestock & Meat Board444 N. Michigan Ave. Chicago, IL 60611 (312) 467-5520
National Restaurant Association (NRA)1200 17th St., N.W. Washington, DC 20036 (202) 331-5900
National Soft Drink Association (NSDA)1101 16th St., N.W. Washington, DC 20036 (202) 463-6732
national voluntary wholesale grocerA franchised member wholesaler of a national, voluntary group corporation that can offer retailers franchises and supply products.
NAWDNational Association of Wholesale Distributors.
near-pack premiumA special premium offered to customers who buy a product that is displayed close to that product or at the front end of the store.
negative check authorizationA denial of a customer's check by a checking service or in-store database.
neighborhood shopping centerA planned center that has several stores, anchored by a supermarket.
net profitThe difference between gross profit and the cost of doing business. Commonly expressed as a percentage of sales. The dollar amount that remains after goods are sold and all costs are subtracted. Usually reported two ways by corporations: before and after
net property and equipmentThe value of all property, plant and equipment, including capital leases minus accumulated depreciation and amortization.
net salesGross sales minus adjustments and returns. The final figure.
Network Exchange (NEX/UCS)An electronic communication, utilizing public telecommunications networks, that facilitates the exchange of data and information between office-based computer systems. See UCS; DEX/UCS.
neutralizing chargeA fixed weekly fee, charged to retailers who are stockholders in a wholesale operation, that covers an increased cost of service that was not billed on an original invoice for merchandise.
new distributionAn authorization to receive and stock a new product.
new distribution allowanceSee distribution allowance.
new product information sheetA buyer's data sheet listing product and promotional information and allowances that must be completed by the seller at the buying office.
NEX/UCSNetwork exchange.
NFBANational Food Brokers Association.
NFFANational Frozen Food Association Inc.
NFINational Fisheries Institute.
NFPANational Food Processors Association.
NGANational Grocers Association.
niche marketingAdvertising and marketing tailored to a specific demographic population with similar purchasing behaviors. Also known as target marketing.
night crewA group of retail associates who restock merchandise after normal store hours or at night when business is slower. Also known as night stockers.
no frillsA limited-assortment store, which does not provide customer services.
no-name brandSee generic product.
nonfoodsGeneral merchandise sold in food stores, e.g., appliances, electronics, hardware, toys.
nonsponsoring wholesalerA wholesaler that does not offer memberships that serves single or multi-unit retailers.
normal stockAn amount and mix of products that a retailer needs to meet normal sales volume for a specific period of time, i.e., day, week, month.
not authorizedAn item that a store is not allowed to carry.
not-on-fileA product not entered into a store's inventory file, therefore it will not scan at checkout.
NRANational Restaurant Association.
NSDANational Soft Drink Association.
nutrition labelingAn accurate list of ingredients printed on food, beverage and drug labels.

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