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Net Asset Value
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Net Asset Value
NAV. 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.
Related Terms: 9
Asset
,
ACH
,
Base
,
Fund
,
ITS
,
Mutual fund
,
Outstanding
,
Share
,
Single
Other Related Pages:
Category: Mutual_Funds
Starting With: N
Additional Related Terms:
30-day wash rule
,
Active asset
,
Alternative assets
,
Asset
,
Asset/equity ratio
,
Available assets
,
ACH
,
Asset management account
,
Accreted value
,
Accrual of discount