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 characters and only one syllable. One-syllable names are highly rare and highly valuable. Established brands using one syllable names include Dell, Ford and Chase.
This domain was first registered in February 1999. Older domains have an advantage when ranking in search engines.
Nort.com is a .com domain. Dot com domains are the most desirable top-level-domain in the world, used by famous websites like youtube.com. Once you own a .com, it will be much easier to rank for your own name in Google.