Reference meaning

net asset value

noun·Reference

Last updated

A measure for the valuation of a fund or trust by its holdings diminished by obligations divided by the total number of shares.

Source and scope

This definition is reproduced from English Wiktionary, sense en-net_asset_value-en-noun-mP4dZt0m, under the CC BY-SA 4.0. It has not yet received VocabularyBase editorial review. Read the source and license details.