Glossary of Terms


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Net Book Value
Represents first cost of Plant and Equipment, less Accumulated Depreciation
Net Proceeds
In reference to Fixed Income Securities: The sale price of the securities, excluding purchased interest, less any brokerage fees, transfer taxes, or other expenses directly related to the sale.
Non-Compensatory Awards (noncomp)
Payments such as awards, stipends, and fellowships to students or postdoctoral candidates

An individual can be paid a Non-Compensatory Award and be on one of the other two payrolls at the same time. However, an individual paid on the Monthly Payroll cannot also be on the Biweekly payroll and visa versa.
Non-Compliance
Failure to adhere to sponsor regulations and/or Duke policies and procedures
Non-Exempt / Nonexempt
Refers to employees who are subject to the provisions of the Fair Labor Standards Act. These employees are also referred to as "biweekly employees".
Non-resident Alien
If a person does not meet either the Green Card or Substantial Presence Test, then that person is classified as a non-resident alien.

A new arrival on a J-1 or F-1 visa is generally a non-resident alien.

Non-resident aliens are taxed only on their income from sources within the U.S. and on certain income connected with the conduct of a trade or business in the U.S.
NSP
Abbreviation found on Biweekly Leave, Gross Pay Computation, and Distribution Reports. Stands for: Night Shift Premium amount