Net asset value (NAV)
Definition
The value of a fund's investments. For a mutual fund, the net asset value per share usually represents the fund's market price, subject to a possible sales or redemption charge. For a closed-end fund, the market price may vary significantly from the net asset value.
Nearby Terms
Investing Essentials
-
Getting Started In Stocks
Investopedia
-
The NASDAQ Dozen
Learning Markets
-
The 10 Commandments Of Investing
Investopedia
-
The Lowdown On Penny Stocks
Investopedia
-
10 Things To consider Before Selecting An Online Broker
Investopedia
-
Start Investing With Only $1,000
Investopedia
Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University
Term of the Day
Replacement cost insurance
Insurance that pays out the full amount required to replace damaged property with new property, without taking into account the depreciated value of the property.
Get the Term of the Day in your inbox!
