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. One-syllable names are exceptionally rare and highly valuable. Established brands using one syllable names include Box, Ford and Shell.
Nort.com is a dot-com domain. Dot com domains are synonymous with websites. When most people think of a website, they think of a dot-com.
This domain was first registered in February 1999. Older domains have an advantage when ranking in search engines.