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Net Asset Value - NAV
What does it mean?
1. In the context of mutual funds, the total value of the fund's portfolio less liabilities. The NAV is usually calculated on a daily basis.
2. In terms of corporate valuations, the book value of assets less liabilities.
In Other Words...
The NAV is usually below the market price because the current value of the fund's assets are higher than the historical financial statements used in the NAV calculation.
Related Links
NAV Explained - A great explanation of net asset value by the Securities and Exchange Commission.
Mutual Fund Basics Tutorial - Learn about the basics--and the pitfalls!--of investing in mutual funds.
Related Terms
Mutual Fund | NAV per share | Outstanding Shares
1 |
A | B |
C | D |
E | F |
G | H |
I | J |
K | L |
M | N |
O | P |
Q | R |
S | T |
U | V |
W | X |
Y | Z
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