[{"Bold_text": "noun", "List Items": ["nothing; naught; zero."]}, {"Bold_text": "adjective", "List Items": ["having no value or existence:His credit rating is nil."]}, {"Bold_text": "abbreviation for", "List Items": ["name, image, likeness:aspects of a collegiate athlete’s identity for which they may earn money from a third party, as for advertising sponsorship or merchandise sales, although they are prohibited from being paid directly by colleges and universities for their participation in intercollegiate sports:Student-athletes should report NIL activities consistent with state law or school and conference requirements to their school.The NCAA decision about NIL has forever changed college football, allowing players to make money for the first time."]}]