Page 43 - New Employee Glossary

Glossary 43

Multiple Sclerosis (MS)

Chronic auto-immune disease resulting in demyelination of nerves of the central nervous
system

Multiple Sclerosis Functional Composite (MSFC)

Multidimensional clinical outcome measure that includes quantitative tests of leg
function/ambulation (Timed 25-Foot Walk), arm function (9-Hole Peg Test), and cognitive
function (Paced Auditory Serial Addition Test)

N

NAtalizumab Safety & EFFIcacy in Relapsing-Remitting MS (AFFIRM)

Study of the effects of TYSABRI in patients with Relapse-Remitting Multiple Sclerosis (RRMS)

Needs Assessment Form (NAF)

Form used to legitimate a business need.

Net Income

This is what the company has left after subtracting all its expenses from its total revenue. If
the difference is positive it is profit. A negative difference is a loss and is shown in brackets.
For a company to remain healthy and in business, this number needs to be positive most of
the time. Most for-profit companies strive to make it as big a positive number as possible.

Net Income Available to Shareholders

This is "the bottom line". This is the money the company has left at the end of the period. It
is held for future needs, invested as the Board directs, or returned to investors in the future.

Net Income from Continuing Operations

After subtracting taxes from its income, this is what the company has left. Think of it like a
worker’s take-home pay.

Net Present Value (NPV)

The difference between the present value of cash inflows and the present value of cash
outflows, discounted at the weighted average cost of capital (see WACC definition). NPV is
used in capital budgeting to analyze the attractiveness of an investment opportunity. If the
NPV of a project is positive, net of all investment costs, it is considered value creating.