https://doi.org/10.1351/goldbook.NT07077
The orbital which is formed from natural hybrid orbitals. For a localized σ-bond between atoms A and B, the NBO is: σAB=cA hA+cB hB where hA and hB are the natural hybrids centred on atoms A and B. NBOs closely correspond to the picture of localized bonds and lone pairs as basic units of molecular structure, so that is possible to conveniently interpret ab initio wave-functions in terms of the classical Lewis structure concepts by transforming these functions to NBO form.
Source:
PAC, 1999, 71, 1919. (Glossary of terms used in theoretical organic chemistry) on page 1954 [Terms] [Paper]