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It can be used by a variety of businesses in different industry sectors. The name plays on the word "north".
The word "Nort" contains only four letters and only one syllable. Single-syllable names are very rare and exceptionally valued. Leading companies using one syllable names include Nike, Box and Square.
This domain was first registered in February 1999. Older domains have an advantage when ranking in search engines.
Nort.com is a dot com domain. Dot com is the most valued domain extension. Once secured, a dot com all but guarantees no-one else can outrank you for your own name in the long run.