(redirected from Navigation bar)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia, Wikipedia.


Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Net Asset Value

In stocks and businesses, an expression of the underlying value of the company. That is, it is a statement of the value of the company's assets minus the value of its liabilities. One way of thinking about the net asset value is that it is the underlying value of a company, not the value dictated by the supply and demand of shares or its market capitalization. It is also called the book value.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved


Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.

Net asset value (NAV).

The NAV is the dollar value of one share of a fund. It's calculated by totaling the value of all the fund's holdings plus money awaiting investment, subtracting operating expenses, and dividing by the number of outstanding shares.

A fund's NAV changes regularly, though day-to-day variations are usually small.

The NAV is the price per share an open-end mutual fund pays when you redeem, or sell back, your shares. With no-load mutual funds, the NAV and the offering price, or what you pay to buy a share, are the same. With front-load funds, the offering price is the sum of the NAV and the sales charge per share and is sometimes known as the maximum offering price (MOP).

The NAV of an exchange traded fund (ETF) or a closed-end mutual fund may be higher or lower than the market price of a share of the fund. With an ETF, though, the difference is usually quite small because of a unique mechanism that allows institutional investors to buy or redeem large blocks of shares at the NAV with in-kind baskets of the fund's stocks.

Dictionary of Financial Terms. Copyright © 2008 Lightbulb Press, Inc. All Rights Reserved.
References in periodicals archive ?
Just be aware of the second horizontal navigation bar, so as not to overlook any materials you may be searching for.
If you know there was an article on a given subject in the magazine, but don't know the title or issue, click 'the magazine' on the navigation bar, followed by 'search archives'.
Ensure you have a distinct navigation bar positioned either along the left side of the page, along the top or a combination of both.
The new version of the left navigation bar makes it easy to search for information and to bookmark favorite pages and files.
Ensure you have a distinct navigation bar positioned either along the left hand side of the page, along the top or a combination of both.
Just click on the red Publications button on the top navigation bar.
Use the Search function or click on Issue Archive on the left navigation bar to access any article that has run during the past two years in Food Processing or Wellness Foods.
The new navigation bar provides direct access to all of the major sections of the magazine.
When the reader has completed all of the assignments the result is a full website that includes five pages and a built-in navigation bar (menu), all easily customizable with the reader's own content including text, images, colors, and more.
* Improved global navigation - Buttons on the main navigation bar can now be read by a screen reader device.
Main Links are offset by different colored arrows on the left navigation bar, but one has to scroll down to see them.
"Most people put either their navigation bar or nothing in this prime tipper left corner," says Jerry Teplitz, J.D., Ph.D.

Full browser ?