Net Asset Value. The dollar value of a single mutual fund share, based on the value of the underlying assets of the fund minus its liabilities, divided by the number of shares outstanding. Calculated at the end of each business day.

Use NAV in a sentence

I wanted to determine the NAV, because it would be important for me to know in the future for our business.

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The NAV was the primary metric we were using to compare securities as we have already determined the other optimal relevant details for our investments.

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My wife and I own a large number of mutual fund shares, and she found it difficult to understand when I explained to her that the price is set not by the market but as an NAV on a day-to-day basis.

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late trading NAV return