online dictionaries of abbreviations

C E F I L N O P R T V W
NA NP

NAV

Net Asset Value
A term used to describe the value of an entity's assets less the value of its liabilities. The term is commonly used in relation to collective investment schemes. However, while the above definition is simple, there are many different types of entity, and different ways of measuring the value of assets and liabilities.

In the context of collective investments (mutual funds), net asset value is the total value of the fund's portfolio less liabilities. The NAV is usually calculated on a daily basis.

In terms of corporate valuations, net asset value is the value of assets less liabilities.

And, to give an indication of what we could mean by the value of assets, consider some of these variations. Each one achieves something slightly different, and is applied in different ways.
  • book value
  • historical cost
  • amortised cost
  • market value

  • Need more information on NAV?
    to main page Top 10FeedbackAbout top of page
    © 2008 Admin User XHTML | CSS Powered by Glossword 1.8.12