Net asset value (NAV),
Definition of Net asset value (NAV):
Value of a mutual funds share (unit) computed daily at the close of financial markets. Also called bid price, NAV per share, or NAV per unit. Formula: (Market value of each security in the funds portfolio + All other assets - All liabilities) ÷ Number of outstanding shares (units).
How to use Net asset value (NAV) in a sentence?
- When you are trying to decide what to do with the stock you own you should keep close track of its net asset value .
- The best way to figure out how much your investment is worth is to keep track of what the net asset value is.
- The net asset value of the security was determined by the analyst who made the decision to not sell and instead invest more.
Meaning of Net asset value (NAV) & Net asset value (NAV) Definition