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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 name "Nort" has only four letters and only one syllable. Single-syllable names are highly rare and exceptionally valued. Leading companies using one syllable names include Box, Dell and Chase.
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 domains are the most sought after domain extension in the world, famously used by websites like facebook.com. Once you own a dot com, it will be much easier to rank for your own name in Google.