E-Commerce words Glossary

N

Network

The setup of hardware and software that allows multiple computers to connect and communicate with each other electronically. The Internet is by far and away the largest network in the world.

Nexus

A seller's minimum level of physical presence within a state that permits the taxing authority to require the seller to register, collect and remit sales/use tax and comply with the Country's, Province's, State's and/or County's taxing statutes and regulations.