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

Nearby words

  1. nestor,
  2. nestorian,
  3. nestorianism,
  4. nestorius,
  5. net,
  6. net assets,
  7. net blotch,
  8. net book agreement,
  9. net domestic product,
  10. net income

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019


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