net asset value
the price of a share in a mutual fund, equal to the total value of the fund's securities divided by the number of shares outstanding. Abbreviation: NAV
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Nearby words
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British Dictionary definitions for net asset value
net asset value
noun
the total value of the assets of an organization less its liabilities and capital chargesAbbreviation: NAV
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
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