50:, meaning that they are original equipment parts that remained in inventory for a use that never came. Automobile dealers and parts companies often sell such slow-moving stock at a discount. Other specialty parts vendors then market these NOS parts that may either decline or increase in value depending on their type and desirability.
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for short, refers to aged stock of merchandise that was never sold to a customer and is still new in original packaging. Such merchandise may not be manufactured anymore, and the new old stock may represent the only current source of a particular item. There is no consensus on how old a product must
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industries. For example, owners of classic, vintage, and antique vehicles or other machines seek NOS parts that are needed to keep their bicycles, automobiles, motorcycles, trucks or timepieces operational, or in factory-original condition. These owners put a premium on NOS parts.
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be to be NOS, and some people reserve an NOS label only for products that are actually discontinued.
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Old stock of merchandise that was never sold to a customer, but still new in original packaging
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Although not an officially recognized accounting term, it is in common use in the
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New Old Stock
Watches: What NOS Really Means And How Dealers Abuse the Term
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89:"Business Definition for: NOS" by Barron's Educational Series
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116:NEW OLD STOCK Definition & Legal Meaning
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106:, Allen Farmelo, November 9, 2020
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70:Original equipment manufacturer
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46:Another definition of NOS is
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91:, retrieved on 2008-10-20.
135:Contexts for auctions
118:thelawdictionary.org
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