NE refers to a piece of new equipment or part that has no operation time and zero working cycles on it. A resold item can also have an NE tag as long as it was never used. The manufacturing date on NE items is not considered to assign this code, and only the operation of the new part is indicated.
FN - Factory New
FN indicates the condition of a product that is brand new from the factory. For it to be FN, the product should not be more than two years old since manufacturing.
