Net Asset Value
by astanhaus
(NAV)=(Total Assets minus Liabilities) divided by # of shares.
Shares of a mutual fund are sold at this #.
(Originally published on Amanda Stanhaus’s financial literacy vocab blog: XO, Bettie Vocab.)
(NAV)=(Total Assets minus Liabilities) divided by # of shares.
Shares of a mutual fund are sold at this #.
(Originally published on Amanda Stanhaus’s financial literacy vocab blog: XO, Bettie Vocab.)
