NAV
Definition
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.
Cite this definition
'NAV
' appears in the definitions of these terms on BusinessDictionary.com
net asset value (NAV), no load fund, closed-end mutual fund, investment company
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