The guillotine is a machine used to execute people by decapitation (chopping off their heads). A guillotine is made of a heavy blade attached to a rack, which moves up and down on a vertical frame. When the rack is let go, it will fall down and the blade will cut the convict's head off.
A national producer number, or NPN, is a tool to protect individual insurance agents and agencies from identity theft and fraudulent representations made to the National Insurance Producer Registry, or NIPR.
National Association of Insurance Commissioners. Also called the NAIC. A non-profit organization in the United States consisting of the heads of the insurance departments of each state and U.S. territory. The NAIC drafts model legislation and conducts other activities geared toward bringing together the insurance regulation laws in each state.