NIT

NIT may stand for any of the following:

National Invitation Tournament is a college basketball tournament operated by the National Collegiate Athletic Association.
Negative income tax is a method of tax reform that is popular among economists but has never been fully implemented.
A number of institutes of technology:
*National Institutes of Technology are chain of central government funded premier schools of engineering and technology education in India.
*Northern Institute of Technology is a small private business school, located in Hamburg, Germany.
*Nekomi Institute of Technology is a fictional university in the anime/manga Oh My Goddess!

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