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Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

NASD

Definition:

National Association of Securities Dealers (NASD).

The NASD used to be the organization in charge of the stock markets and in charge of administering exams that investment pros had to pass. NASD was replaced by the Financial Industry Regulatory Authority (FINRA).