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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anchorite
a granular metamorphic rock.
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Words nearby net asset value

nestor, nestorian, nestorianism, nestorius, net, net asset value, net assets, net blotch, net book agreement, net domestic product, net income
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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 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012