Die Heuning Pot Literature Guide
© 2014 Shmoop University, Inc. All rights reserved.
 

Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

NAV - Net Asset Value

Definition:

NAV is the price at which a mutual fund closes each day. See mutual fund and closed end fund. It is calculated by dividing the end-of-day market values for the portfolio by the number of shares issued.

Advertisement
back to top