In a message dated 1/13/02 5:23:30 PM Eastern Standard Time, LouDeeter@aol.com writes:
> NIP: New in original packaging.
> NOS: New, unused, old stock.
> NEW: New, unused, recent production.
Wouldn't it be better to just always use the word "unused" for something that is unused, but old? New Old Stock isn't too bad of a term, but NIP which is "New in original packaging" can be misleading to some people. Most CR folks know what it means, but someone buying an NIP part online might expect their part to be a 2002 model. Nowhere in "NIP" does it say anything about being old stock. "Unused" is self-explanatory, but "new' can mean different things to different people.
Just my 2 Euros.