NAV
1 Americanabbreviation
abbreviation
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naval.
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navigable.
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navigation.
abbreviation
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
On Wednesday, VCX reached a peak of $575, trading at over 31 times NAV.
From MarketWatch
That’s an anomaly for closed-end funds such as VCX, which typically trade at a discount to NAV on the stock market.
From MarketWatch
Even at the current price, VCX trades at over 11 times NAV.
From MarketWatch
The NAV represents the fair value of the underlying assets, calculated by subtracting the fund’s liabilities from its total assets and dividing the remainder by the number of outstanding shares.
From MarketWatch
Typically, closed-end funds trade at a discount to NAV due to management fees and the illiquidity of the underlying assets.
From MarketWatch
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
